Your Donation Inspires Joy & Creativity
We want to provide some guidance from the Coronavirus Aid, Relief, and Economic Security Act. For anyone who wants to support DCM or any other charities at this time, there are some changes that might benefit you:
- If you don’t itemize your income tax deductions, you can now deduct up to $300 in donations. Previously, only those who itemized were able to use a charitable deduction. For the rest of 2020, an individual will be able to deduct up to $300, even if you don’t itemize. This deduction can be used for contributions only of cash (not stock) to qualified charitable organizations.
- You can now deduct up to 100% of your adjusted gross income for charitable deductions. Formerly, an individual could deduct up to 60% of their adjusted gross income (AGI) for charitable deductions of cash. The stimulus package lifts that restriction, so that an individual can deduct up to 100% of their AGI for the year 2020. Also, any contributions in excess of total AGI may be carried forward for up to five additional years. This may not be used to fund Donor Advised Funds.
- Corporate charitable deduction limits have been increased to 25% of taxable income. The Act temporarily lifts the cap on a corporation’s charitable deductions from 10% to 25% of taxable income and raises the cap on charitable contributions of food inventory from 15% to 25% of taxable income.
There are several ways you can donate to DISCOVERY Children’s Museum :
MAKE A GIFT ONLINE
Click Here for our fast and secure way to give online.
MAKE A GIFT BY TELEPHONE
Call us at (702) 382-3445 to make a gift using your credit card or to ask us any questions about your tax deductible donation.
MAKE A GIFT BY MAIL
Send a check or money order to:
DISCOVERY Children’s Museum
360 Promenade Place
Las Vegas, NV 89106
Please be sure to include your address and telephone number on the check. All checks should be made payable to DISCOVERY Children’s Museum.
TRIBUTE AND MEMORIAL GIFTS
Honor or memorialize a special child, parent, grandparent, friend, family member, or business associate by making a tax deductible gift to DISCOVERY Children’s Museum in their name.
MUTUAL FUNDS OR OTHER SECURITIES
DISCOVERY Children’s Museum accepts many gifts of stock or securities. We are happy to assist you in a wire transfer when donating securities.
EMPLOYER MATCHING GIFTS
Corporate matching can double or even triple your contribution to DISCOVERY Children’s Museum. The process is simple. Contact your Human Resources Department directly to find out if your employer has a matching gifts program.
A planned gift is one that is arranged during a donor’s lifetime, but the benefit to DISCOVERY Children’s Museum comes at a future date. Bequests, charitable remainder trusts, IRA charitable rollover gifts, or designation of the Museum as a beneficiary of a retirement or life insurance plan are all ways to support DISCOVERY through planned giving. All conversations will be held in strict confidence.
For more information on donating to the museum, contact Caitlin Shea, Director of Development, at (702) 382-3445 or CShea@DiscoveryKidsLV.org.