Mail in a check to us at:

c/o Development Officer

ArtsWest

P.O. Box 16768

Seattle, WA 98116

Stop by the Box Office during our Gallery hours, Thursday and Friday 4pm – 7pm, Sunday 11am – 4pm or coordinate a time to stop by our administrative office by contacting our Company Administrator, Athena Duran, at athenad@artswest.org

A donor advised fund is an irrevocable charity fund that you can set up with certain banks or financial firms to facilitate and provide flexibility in your charitable giving. 

Generally you fund the charity account with a lump sum that will be donations paid over years.

You get the tax deduction the year that you fund the charity account, again increasing the likelihood of exceeding the standard deduction in that year and potentially providing additional tax savings.

The flexibility is that you can invest the funds while in the charity account, and distribute the funds for donations over any length of time and to multiple charities.

Donate through stock, mutual funds and/or ETFs that you have held for at least one year, and you will realize special tax advantages.

Donors can receive a tax deduction for the full market value of the gift while avoiding capital gains tax on the appreciation.

ArtsWest has a special donation form for gifts of securities.

Apply for a matching gift if your company provides a matching program. 

Individuals over 70½ years old must take a minimum distribution every year from their IRA.

If it is a traditional IRA (not a Roth IRA), the distribution is taxed as income.

However, if you direct your traditional IRA to make a distribution directly to a non-profit (such as ArtsWest), that amount counts towards your minimum distribution but is not taxed as personal income.

The new IRS tax law established new, higher standard deductions—$12,000 for single filers, $24,000 for married couples, and $18,000 for heads of household.

There is an additional $1,300 for each married taxpayer and $1,600 for unmarried taxpayers who are over 65, as well as a per child deduction.

If you plan on making some sizable donations over the next two or three years, you could consider doing so in a lump sum, or “bunching” them, in one year.

This will increase the likelihood of exceeding the standard deduction in that year and thus potentially providing additional tax savings.