Methods of Giving: Gifts to the Great Lakes Center for the Arts
Gifts to the Great Lakes Center for the Arts Capital Campaign and Seat Campaign may be fulfilled according to your financial and philanthropic preferences. Gifts may be pledged and paid in installments of up to a five-year pledge period.
Gifts of Cash
The simplest way to make a gift is to contribute cash. Checks may be made payable to the Great Lakes Center for the Arts.
Some corporations and foundations encourage directors, former employees, and their spouses to make charitable contributions by matching gifts dollar-for-dollar, and sometimes as much as $2-3 for every $1 donated.
Gifts of Appreciated Securities Securities
held for more than one year are eligible for a charitable tax deduction for the full fair market value of the stock on the date it is received. Neither the donor nor the Great Lakes Center for the Arts is required to pay capital gains taxes when the stock is sold.
Stock Transfer Instructions
IRA Charitable Rollover
Originally signed into law in 2007, Congress adopted this as a permanent gift option in 2016. The IRA charitable rollover provision provides an attractive gift option. This provision allows donors age 70 1/2 or older to direct their required minimum distribution (RMD) through the PATH Act, to qualified charity. While it is not a deductible gift, the distribution is excluded from a donor’s income.
For more information about supporting the Great Lakes Center for the Arts, please contact Matt Wawro at 231.439.2606 or firstname.lastname@example.org.