Support

RAM welcomes contributions of all kinds, which are essential to our continued operations. Whether it is an outright donation to support programming, a gift of goods or services, or a planned gift for the future we are deeply grateful for all gifts!

Deductions in 2018
As you may know, there have been some changes to the rules about itemizing deductions in 2018, but there are still many ways you can support RAM (a registered 501 C3 Not-for-Profit Organization) AND enjoy tax benefits.

If you are 70-and-a-half years old or older, the IRS requires you to start withdrawing from most types of tax-advantaged retirement accounts. You must also take Required Minimum Distributions (RMD’s) from retirement accounts you inherit. For most people, the deadline for taking an RMD is December 31, 2018. If you miss the deadline or take less than you’re supposed to, you could be subject to a 50% tax penalty. If you choose to support RAM’s mission in this way, simply inform your financial advisor of the following information:

For IRA Distributions
Legal Name: Racine Art Museum Association, Inc.
Federal Tax ID# 39-1018155

Gifts of Stock
Legal Name: Racine Art Museum Association, Inc.
Federal Tax ID# 39-1018155
RAM’s Broker is Chris Leberfing at Robert W. Baird and his email is: chrisleberfing@rwbaird.com
DTC#        0547
Account #    87869492

We are NOT tax advisors or financial planners, so please consult yours for clarification or for any questions pertaining to your situation. If you have questions pertaining to RAM, please directly call or email Laura D’Amato, Director of Operations and Development at 262-898-1412.

2012Art Sale