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Planned giving ensures future generations will be able to enjoy and learn from the Cincinnati Art Museum’s outstanding permanent collection. A full range of gift methods is available to supporters who would like to include a gift to the Art Museum in their estate or financial planning. These gifts include bequest, gift annuity, pooled income fund, IRA, life insurance, trust or life estate.
Many of our giving options share these features:
The New Century Society is a prestigious group of visionary individuals who enjoy the satisfaction of knowing that they are creating a legacy. Members of the New Century Society receive the following; a lifetime subscription to the Members Magazine, an annual luncheon held in their honor, an annual acknowledgement in the Art Museum’s Report to the Community and an invitation to the annual meeting of the Art Museum Shareholders.
If you have already made a provision for the Art Museum, you are eligible for membership in the New Century Society.
If you would like confidential information about how a planned gift may increase your income, reduce taxes and enable you to be a major donor to the Art Museum, please contact the Philanthropy Office at [email protected] or (513) 639-2873.
On December 18, 2015 the President signed into law the Protecting Americans from Tax Hikes Act of 2015. Included in this law was the indefinite extension of the Individual Retirement Account (IRA) charitable rollover provision. That means if you are age 70½ or older you may move up to $100,000 from your IRA directly to a qualified charity and pay no income tax on the money.
If you are unfamiliar with the rules of the IRA Charitable Rollover, here is a recap:
If you would like to know more about how you can make a difference for the Cincinnati Art Museum by using the assets of your Individual Retirement Account, please contact the the Philanthropy Office at [email protected] or (513) 639-2873. Please consult your IRA administrator to initiate all transfers.
*The Cincinnati Art Museum is a 501(c)(3) nonprofit organization. Donations are tax-deductible to the extent allowed by law.