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The Arts Center Endowment Board

• Ronald L. Marek, Chair
• Melinda Perez, Vice Chair
• Suzanne Cutsforth, Treasurer
• Carolyn Madsen, Secretary
• Gary Angelo
• Sara Swanberg

Endow the Arts Center

You can assure the future of your community arts center by donating specifically to The Arts Center Endowment Program.  Local endowment donors who have specified a restricted use for their donated funds are the Howlands (Community Open), the Starkers (Education), the Bunns (ArtsCare), and the Steeles (Exhibits), and one anonymous donor whose support is aimed at at-risk high school students.  A donation of $20,000 or more is required to open a new endowed fund in your name.  But you can donate any amount to an existing fund to help increase support for the future of that important programming.

Periodically, there are great tax benefit opportunities that give you the occasion to both support the future of The Arts Center and relieve you of severe taxation.  Currently one of these opportunities is available to people the year turning 70 and 1/2 and older who need to reduce amounts in IRA accounts (description below).  Check with your accountant for details.  Or call us to make an appointment to talk about the possibilities and your personal interests.  We invite you to talk with our director, a board member, or a current endowment donor.  To begin the process, call or email David Huff, Executive Director, 541-754-1551.

How much must be taken out of an individual’s IRA at age 70 1/2?

Required minimum distributions apply each year beginning with the year the account owner turns age 70 1/2. The required minimum distribution for each year is calculated by dividing the IRA account balance as of December 31 of the prior year by the applicable distribution period or life expectancy. An account owner can determine his or her applicable distribution period or life expectancy by using the Tables in Appendix C of Publication 590. Table I is used by beneficiaries. Table II is for use by owners who have spouses who are both the IRA's sole beneficiary and who are more than 10 years younger than the owner. Table III is for use by all other owners.

Email David Huff, Executive Director

Tax Benefits

Your gift to The Arts Center, a 501 (c) (3) non-profit organization, is tax deductible to the full extent of the law. The Arts Center’s Tax ID is #93-6027995.   A matching gift to the Oregon Cultural Trust offers a full Oregon tax credit. Visit www.culturaltrust.org for details.

Oregon Cultural Trust - Tax Benefit Matching Program

The Oregon Cultural Trust partners with over 1,000 cultural non-profit organizations throughout Oregon. A gift to The Arts Center, a qualifying nonprofit organization, followed by a matching gift to the Oregon Cultural Trust allows you to claim your tax credit. The tax deductible portion of your memberships to the Arts Center also qualifies toward your matching gift.