Donate

The Club operates on grants, donations, membership dues, and other fund-raising efforts. As a non-profit organization as described in section 501(c)(3) of the Internal Revenue Service code, the Club is open to accepting tax-deductible contributions and donations. Your fully tax-deductible donation can play a critical role in advancing the Club’s mission.

FOR YOUR CONSIDERATION

DIRECTLY DONATE

The Arts Club of Washington is a 501 (c) 3 nonprofit. Your tax-deductible contribution plays a crucial role in our ability to continue producing shows, creating performance opportunities, developing content, offering learning opportunities, and building a community.

TYPES OF GIVING

The Arts Club of Washington accepts the following types of gifts:

• Monetary donations made by cash, check, or credit card.
• Bequests of cash, securities, or other properties
• Life insurance benefits
• Services
• Historical materials (for example sketchbooks, notes, personal records, publications, and so on)
• Original artwork of exhibition quality by current and former Arts Club of Washington members subject to curatorial approval.

SPECIFIED DONATIONS

Donors may specify where their contributions will be used.  The National Award for Arts Writing (aka Marfield Prize), the Friday Noon Concert, and the Club’s Scholarship Fund are three examples of specified donations for programs, while the Monroe House (aka Bristor Fund) and the Legacy Fund are examples of specified donations that help with the preservation and on-going operations of the houses.

Please contact the Club President and/or General Manager to discuss specified donation opportunities.

WAYS TO GIVE

MEMORIAL BRICKS

Placed within our beautiful historical garden, a Memorial Brick is a wonderful way to honor a person or an occasion.  Bricks are subject to a final review prior to placement.  Bricks may be ordered below:

https://polarengraving.com/theartsclubofwashington

OTHER WAYS TO GIVE

HONORARY AND MEMORIAL

A meaningful way to remember someone who loved the Arts Club of Washington.  Please call the General Manager with questions or to make an honorary gift.

LEGACY GIFTS

Make the Arts Club of Washington a part of your legacy by leaving a gift in your will, or making a gift today that provides you income for life and potential tax benefits.

CORPORATE MATCHING CONTRIBUTIONS

Corporate matching gifts are a type of philanthropy in which companies financially match donations that their employees make to nonprofit organizations.

Companies of all sizes match donations their employees make to nonprofits because it’s an easy, structured way for them to support good work in their communities.

When an employee makes a donation, they’ll request the matching gift from their employer, who then makes their own donation. Companies usually match donations at a 1:1 ratio, but some will match at a 2:1, 3:1, or even a 4:1 ratio.

Please ask your employer if they will match your charitable contribution to the Arts Club.

DONATIONS TO ARTS CLUB ENDOWMENT FUNDS

The Arts Club has several endowment funds. In these funds the principal remains invested, while annual income is used to support programs and services or preservation of the club property. Donors may make a general (no restrictions) gift to the Legacy Fund. Or, if they prefer, they can choose a fund that specifies how income from contributions will be used.  The Monroe House Fund helps with the preservation and on-going maintenance of the houses. The National Award for Arts Writing (a.k.a. Marfield Prize) Fund and the Club’s Scholarship Fund support specific programs.

Please contact the Chairman of the Trustees of the Endowment to discuss donation opportunities.

 

USING YOUR REQUIRED MINIMUM DISTRIBUTION (RMD) FOR CHARITABLE GIVING

If you are over the age of 70 ½, the government requires you to take annual distributions (withdrawals) from your retirement account—a provision known as the required minimum distribution (RMD). Up to a certain amount, these distributions may be made tax-free as long as they are directed to a qualified 501(c)(3) organization, an option known as the qualified charitable distribution (QCD). The Arts Club of Washington is a qualified 501(c)(3) organization.

Because each person’s tax situation is unique, we recommend that you consult a tax advisor to discuss your options.

HOW TO INCLUDE THE ARTS CLUB OF WASHINGTON

IN YOUR WILL

The following examples illustrate a variety of bequest techniques. You should consult an attorney to adapt this language to your individual circumstances as part of your overall estate plan.

A specific bequest is a gift of a particular dollar amount or a particular piece of property. For example:

“I bequeath [dollar amount or description of property] to the Arts Club of Washington, a nonprofit corporation whose address is 2017 I Street, NW, Washington, DC 20006.”

A residuary bequest is a gift of all or part of the property remaining in your estate after debts, expenses, and specific bequests have been paid. When you use a percentage instead of a specific amount, your gift will stay relatively the same in proportion to your entire estate, regardless of unexpected increases or decreases in its value. For example:

“I give, bequeath, and devise [all, or ___percent of] the rest, residue, and remainder of the property, both real and personal, wherever situated, which I may own or be entitled to at my death, to the Arts Club of Washington, a nonprofit corporation whose address is 2017 I Street, NW, Washington, DC 20006.”

A contingent bequest is a gift that takes effect only if the primary beneficiary or beneficiaries of the bequest predecease you. For example:

“If neither my spouse nor any descendant of mine survives me, then I give, bequeath, and devise all the rest, residue, and remainder of the property, both real and personal, wherever situated, which I may own or be entitled to at my death, to the Arts Club of Washington, a nonprofit corporation whose address is 2017 I Street, NW, Washington, DC 20006.”

As in the examples provided above, the Club’s full legal name is the Arts Club of Washington. The Club’s legal address is 2017 I Street NW, Washington, DC 20006; the Club’s Federal Tax Identification Number (TIN) is 23-7088943.

FREQUENTLY ASKED QUESTIONS (FAQ)

• What Constitutes a Gift?: According to the IRS, any contribution or donation of money or property for the use of the organization counts as a gift.
• What Can I Give to the Arts Club of Washington?: Monetary gifts will be appreciated and put to good use maintaining the Club, its programming, and its operations. The Club accepts all forms of monetary gifts. Monetary gifts may be given as restricted or unrestricted funds. In accordance with the Club’s commitment to the preservation and appreciation of Art, we encourage artists and collectors to donate original works, with curatorial approval, to become part of the collection.
• Is My Gift Tax Deductible?:

            Yes. When donating money, the full amount may be deductible from your taxable income.  The deductible amount for donations of property may be as much as fair market value.  The Arts Club of Washington recommends that you consult an accountant or lawyer regarding applicable tax law before making a significant donation.

For more information on charitable donations from the Internal Revenue Service website, click here: http://www.irs.gov

• Will I Receive a Record or Receipt of My Gift?:  Yes. The Arts Club of Washington can provide a written acknowledgment of each donation it accepts.
• What Services Can I Donate?:   The Club runs a wide variety of programs and sponsors an array of events every year. These often rely on the commitment and efforts of volunteers. If you’re interested in helping out, contact the President or General Manager to find out what volunteer opportunities are currently available. If you would like to offer a specific service, we’ll be glad to keep your information on file for future reference.