Members Calendar: Fall 2013

Page 22

Ways to Give

Members and friends of The Metropolitan Museum of Art help sustain this institution in countless crucial ways: by visiting our permanent collections, our special exhibitions, our concerts, and our lectures; by adding energy and vitality to our programs; and above all, by providing vital financial support that makes it possible for the Met to continue collecting, preserving, interpreting, publishing, and displaying great works of art. To learn more about how you can help, or to make a gift, please call 212-570-3956 or visit metmuseum.org/Ways_to_Give/donate.

Planned Giving

Museum, contact the Planned Giving Program at 212-570-3796 or by e-mail at planned.giving@metmuseum.org. You can also visit the Museum’s website, www.metmuseum.org, in the Planned Giving section under “Ways to Give.”

IRA Rollover Provision Extended Through 2013 Charles Goodman moved to New York City many years ago. He worked as a journalist and became a Member of the Museum, and Note: This example is for illustration purposes found himself spending more time at the only. Charles Goodman is based on a composite Met after his retirement. When Charlie of donors to the Museum. turned 70, he called his Calling All Budding accountant because he knew and Future Art he would soon be required to Connoisseurs—Join the make annual withdrawals Met Family Circle! from his Individual RetireThe Met Family Circle, a ment Account (IRA) and membership group for famiwasn’t sure about his options. lies with children up to age Charlie was pleasantly sur12, offers the opportunity to prised to learn of a way to learn more about the Metsupport the Museum that ropolitan’s treasures and could have a positive impact The Writing Master, 1882, by Thomas provides a valuable introducon his own tax situation. Eakins, oil on canvas. John Stewart tion to the Museum’s vast Charlie’s accountant told Kennedy Fund, 1917 (17.173) collections. Personal family him Congress had reinstated tours, workshops, and art activities are the IRA charitable rollover provision designed to create memorable experiences through 2013. Charlie did not need the for all. Parents receive special privileges income from his IRA this year, so his as well, including invitations to exhibition accountant felt this would be an ideal way previews and access to the Patrons Lounge, to make a gift. The provision allows individMembers Dining Room, and The Balcony uals to make tax-free charitable contribuLounge. Annual membership dues are tions of up to $100,000 per taxable year $4,000. directly from an IRA that may be excluded For more information, contact Kristin from the individual’s gross income, provided MacDonald in the Development Office at that the owner of the IRA is at least 70 ½ 212-650-2372 or e-mail family.circle@ when the distribution is made; the gift is metmuseum.org. from a traditional or Roth IRA; distributions are made by December 31, 2013; the Education at the Met donor directs the IRA manager to transfer With more than 20,000 programs each funds directly to a public charity such as the year, Education at the Met encourages Museum; and the charity does not provide visitors of all ages to experience art from any goods or services in return for the gift around the world and across the centuries. (the gift cannot be used for Memberships, Programs range from hands-on art activities Friends Groups, etc.). for families with children and photography Charlie directly transferred his distribuclasses for visitors with visual impairments tion to the Metropolitan and was able to to workshops for K–12 teachers, internavoid tax on the amount. He was pleased ships for high school students, and many to make a significant gift to the Museum others. For more information on how you and looks forward to visiting the Met often can support these innovative and engaging in the coming months. programs, contact the Development Office For more information about how to at 212-650-2104. support the future of the Metropolitan 22 | www.metmuseum.org


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