For itemized deductions, the adjusted gross income (AGI) limit for cash contributions was increased for individual donors. For cash contributions made in 2020, you can now elect to deduct up to 100 percent of your AGI (increased from 60 percent). If you are not itemizing, the CARES Act allows for an additional, “above-the-line” deduction for charitable gifts made in cash of up to $300.
Talk to your financial advisor today about how to receive the maximum deduction for your charitable contributions this year!
Giving to Milwaukee Ballet can be done in ways beyond a one-time donation. We invite you to learn more about additional giving methods to see what best fits your financial and philanthropic goals.
Monthly donations are a simple way to make a real impact on Milwaukee Ballet. These gifts make a difference in planning out our season by ensuring funds will be available year-round. You can support one of your favorite causes in a way that works for your budget by setting up easy payments in the amount of your choosing.
You can leave a legacy that supports the future of Milwaukee Ballet and our work in the community. Please consider making a gift to Milwaukee Ballet in one of these ways:
Your gift will ensure that Milwaukee Ballet continues to shine on stage, in the studio, and in the community for decades to come. For more information, please contact us at Development@MilwaukeeBallet.org
Have you already planned a legacy gift to Milwaukee Ballet? Let us know and become a member of our Encore Society!
Many employers offer incentives or methods to encourage their team to give back to causes they are passionate about. Employers often will match donations made by their employees, employees’ spouses, and/or retirees, offer payroll deductions to support a cause, or participate in annual giving campaigns.
Check with your workplace to find out if they offer these opportunities!
For supporters that wish to make a large impact without tapping into their disposable income, giving a gift from appreciated non-cash assets may be preferable and something many may not have considered before. Under the right circumstances, a gift of stock may qualify for an income tax charitable deduction and avoid capital gains taxes. Talk to your financial advisor today about your portfolio’s qualifications and contact us at Development@MilwaukeeBallet.org to learn more about initiating a transfer.
These funds act as a savings account reserved for charitable giving and are managed by an overarching organization who distributes gifts at the donor’s recommendation. Individuals, families, companies, foundations and other entities can start a donor-advised fund (DAF) account and there are many managing organizations to consider.
There are many benefits to investing in a DAF, but of note is that there is a low barrier to entry (usually $5,000 or less), financial advisors handle all administrative services, donors receive a single annual tax receipt for all contributions through the fund, and they are often able to recommend distributions for as many years moving forward as they wish!
Contact your financial advisor to see if a Donor-Advised Fund would be beneficial to your philanthropic goals.
Support Milwaukee Ballet for free while you shop using your existing Amazon ccount! Visit smile.amazon.com on your web browser or activate this feature in the Amazon Shopping app on your iOS or Android phone (found under app settings) and designate Milwaukee Ballet Company to receive 0.5% of your eligible purchase, at no cost to you.
Remember, only purchases at smile.amazon.com or through the activated Amazon Shopping app are eligible, so be sure to double-check for the “AmazonSmile” logo to ensure you’re activated before you check out!
PayPal Giving Fund may be a good option for you, as many of us already have a PayPal account. As an independent 501(c)3 organization, PayPal Giving Fund collects donations along with donors’ recommendations for the charities they’d like to see their contributed funds support. PayPal provides you with a tax receipt for your donation and covers all transaction fees through their site, ensuring that 100% of each gift made is funneled through to organizations.