WBCA is a great place because of the people who support it!
Whatever the amount, your generosity matters.
Four ways to donate right now:
- For an online donation click here
- For credit card by phone, call 651.407.0597
- For other credit card payments print this page and mail it to the address below, or fax it to 651.429.1569
- To mail a check print this page and send with payment to:
White Bear Center for the Arts, 4971 Long Avenue, White Bear Lake, MN 55110
Economic stimulus passed by congress includes provisions for charitable giving:
- Up to $300 in charitable giving (that’s $25 a month) can be deducted “above the line” on Federal income tax – $600 for joint filers.
- Total maximum charitable deduction increased from 60% to 100% of Adjusted Gross Income (AGI) – but only to qualified public charities (nonprofits) like White Bear Center for the Arts.
- Corporations may deduct up to 25% of income from charitable giving in 2020, up from 10%. Click here for information on WBCA’s business sponsor program.
- While not new, consider that excess charitable contributions may be carried forward up to 5 years.
Set up Monthly Contributions
It’s now easier to make your gifts go farther! Join WBCA’s automatic recurring giving program. It’s simple, safe, and secure, making your giving easier to manage and more efficient for WBCA to process.
Option 1: Download an Enrollment for Automatic Recurring Donation form. Complete the form and return to White Bear Center for the Arts, 4971 Long Avenue, White Bear Lake, MN 55110.
Option 2: Sign up for recurring donations through GiveMN.org or through WBCA.
Does your employer provide matching gifts? We are an eligible 501(c)(3) non-profit! If you need help, contact firstname.lastname@example.org.
Planned Giving: Legacy, Honorary, and Memorial Gifts
Leave a legacy for your community. Include WBCA in your estate plan, no matter the size of the gift. More information on our website.
Consider contributing to the newly established WBCA Endowment, which will support the organization in perpetuity.
Gifts of Stock
If you would like to make a stock donation, please call 651.407.0597 and we will provide all necessary information so you can donate to our account.
Note: After you make a stock gift, please let us know and provide the date, type of stock, and number of shares, so we can properly credit you. Our broker does not always have the donor name to go with the donation.
IRA Designations and your RMD
For those 70.5 and up, you may designate WBCA to receive all or part of your IRA’s Required Minimum Distribution (RMD) as a Qualified Charitable Distribution (QCD), up to $100,000 annually. This strategy avoids increasing your taxable income (AGI) and may benefit you in other ways. Ask assistance from your financial adviser. More reading from Fidelity and Market Watch.
Charitable Giving Tax Strategies
Under new tax legislation, more donors are exploring charitable gift vehicles to defray and avoid large tax bills. You may find it advantageous to “clump” your larger charitable gifts into one itemized tax year, and rotate that with one or more years at the new higher standard minimum deduction ($12,000 or $24,000 for couples).
Donor-Advised Funds (DAFs)
DAFs are the fastest growing charitable giving instrument, increasing in popularity due to their flexibility and tax advantages. Locally, you can find more resources at the Greater White Bear Lake Community Foundation.
DAFs require no annual minimum payout, unlike a private/family foundation. Setting up a DAF is advantageous in a windfall year, helping you avoid hefty taxes on appreciated gains (stocks, real estate, artwork), and allowing you to carry the charitable deduction of establishing the DAF forward up to five years. Plus, your DAF may continue to grow once established, increasing your total charitable giving capacity. Learn more at the National Philanthropic Trust, as well as at the Saint Paul & Minnesota Foundation and Minneapolis Foundation.
Kowalski’s and Amazon Give Back!
Whether you’re shopping locally or online, your purchases can help support WBCA. Be sure to use Amazon Smile when ordering online, and leave your receipt in the box marked White Bear Center for the Arts when you shop at the White Bear Lake Kowalski’s! Kowalski’s has generously supported WBCA for years.
Questions? Phone 651.407.0597 or e-mail: email@example.com
Thrivent members: did you know you can designate $500 each year towards charities of your choice? The Thrivent Choice program offers a way for eligible members to recommend where Thrivent Financial distributes some of its charitable grant funds. Eligible benefit members are designated Choice Dollars®, recommending funding for their choice of enrolled nonprofit organizations, including White Bear Center for the Arts. If you are eligible to participate in Choice Dollars, or are uncertain about your eligibility, visit Thrivent.com/thriventchoice, or contact your local Thrivent Financial representative.