Thank you for considering a gift to The Farnsworth Art Museum. Your support is an integral part of the museum’s success every year.
We encourage you to make a tax-deductible gift to the museum that best meets your philanthropic goals and interests. Choose the method that’s right for you. The Farnsworth Art Museum is a 501(c)(3) nonprofit, Tax ID#01-0368070.
Credit Card | Check | Monthly Giving | Stocks and Securities | Matching Gifts | Amazon Smile | Donor Advised Funds | Endowed & Named Fund Gifts | Works of Art | Friends of the Farnsworth | Real Estate
By Credit Card
Gifts made by check should be payable to Farnsworth Art Museum and mailed to:
The Farnsworth Art Museum
Attn: Gift Accounting
16 Museum Street, Rockland, ME 04841
The Farnsworth Art Museum has a Monthly Giving Program available. By signing up, you can make contributions to support the Annual Museum Fund with one click of a button.
This program helps to make every dollar you give to the Farnsworth work even harder by reducing the administrative costs associated with processing Annual Museum Fund paper appeals. Your funds go directly to supporting the Farnsworth’s programs that:
- Reach 4,812 school age children through Museum education and community programs
- Support scholarly research on the collection & featured exhibitions
- Maintain our historic sites and expansive campus
Stocks and Securities
A Win-Win for the Museum and the Donor
Donating appreciated stock or mutual fund assets is a great way to help us achieve our mission of enriching lives through art! Not only will your gift make a lasting impact, you may also receive valuable tax savings.
It’s easy to donate stocks! Just give us a call or send the instructions below to your broker. Call Ann Scheflen, Chief Advancement Officer, at 207-390-6002 or email firstname.lastname@example.org.
Here’s how it works: You could sell stock and then donate the proceeds to the museum. If your stock has appreciated in value, you normally pay capital gains tax. However, if you donate stock directly to the museum instead, you won’t incur capital gains and will be eligible to deduct the full market value of the appreciated shares. (Always check with your advisor for specific tax advice.)
Usually stock transfers take about a week so be sure to call us by December 24 to realize tax savings in 2019.
Many employers sponsor programs that match charitable contributions made by their employees, allowing you to double or even triple the value of your gift. Our Development Department will be happy to provide you or your employer with any necessary documentation to facilitate your matching gift. Please contact Ann Holton, Director of Individual Giving, at 207.596.6457 x145, or by email.
Shop at AmazonSmile and Amazon will make a donation to the Farnsworth Art Museum. To get started you need to first register the Farnsworth as your recipient organization. Register here ›
Donor Advised Funds
Give from your Donor Advised Fund (DAF). A donor advised fund (DAF) is a type of giving program administered by a third party that allows you to combine the most favorable tax benefits with the flexibility to easily support your favorite charities. It is created for the purpose of managing charitable donations on behalf of an organization, family or individual. An increasingly popular charitable vehicle, DAFs are an excellent way to both simplify your charitable giving and facilitate your strategic philanthropic goals. DAFs allow donors to give cash, stock and other assets where the donor receives an immediate tax deduction when the contribution is made, but can grant specified amounts to the charities of their choice at a later time.
If your donor-advised fund is with Fidelity, Schwab Charitable, or BNY Mellon you can recommend a gift through DAFDirect.
Otherwise, if your donor-advised fund is with another organization, please contact the fund administer and request that a contribution be made to Farnsworth Art Museum.
The Farnsworth’s tax identification number is 01-0368070.
Advantages of Giving Through a Donor-Advised Fund:
Donor-advised funds provide a number of benefits that direct donations to a charity may not, including:
- Simplicity: The DAF sponsor handles all record-keeping, disbursements, and tax receipts
- Flexibility: Timing of your tax deduction can be separate from your charitable decision making
- Tax-Efficiency: Contributions are tax-deductible and any investment growth in the DAF is tax-free. It is also easy to donate long term appreciated securities, eliminating capital gains taxes and allowing you to support multiple charities from one block of stock
- Family Legacy: A DAF is a powerful way to build or continue a tradition of family philanthropy
- No Start-Up Costs: There is no cost to establish a donor advised fund. However, there are often minimum initial charitable contributions to establish the DAF (typically $5,000 or more)**
- No Transaction Fees: Once approved, 100% of your recommended grant goes to your qualified public charity of choice**
- Privacy If Desired: Donors may choose to remain anonymous to the grant recipient
**Sponsoring organizations generally assess an administrative fee on the assets in a DAF. These fees vary by sponsoring organization.
Endowed & Named Fund Gifts
For information about making a gift to the Endowment or Gifts to establish a permanently Named Fund, please contact Ann Scheflen, Chief Advancement Officer at email@example.com, or by calling 207.390.6002.
Works of Art
The Farnsworth Art Museum welcomes gifts of art for its collection. Gift offers are reviewed by the Curatorial Department, which considers the quality of the work, its appropriateness to the Farnsworth’s mission to celebrate Maine’s role in American art, the condition of the work, and its history of ownership. The department’s recommendations are then reviewed by the Collection Committee, whose recommendations regarding gifts are then presented to the board for final approval.
To learn more about donating a work of art to the museum, please contact Angela Waldron, Registrar, at 207.390.6011 or by email.
Friends of the Farnsworth
Would you like to help the Farnsworth’s curatorial staff select and acquire new works for the collection? If so, the Friends of the Farnsworth Collection might be the giving group to join. Each year, individual members of the Friends contribute $5,000. Meeting each summer, the members select a work or works from those chosen by the museum’s curatorial staff. These annual lively collection-based discussions provide an opportunity for learning and enjoyment, making membership in the Friends so meaningful.
To learn more about the Friends of the Farnsworth Collection please contact Ann Scheflen, Chief Advancement Officer, firstname.lastname@example.org, or 207-390-6002.
Donating property to the Farnsworth can provide important tax advantages while eliminating the responsibility of property management. Depending on the gift arrangement, you may also benefit from a lifetime income stream, cash back from the gift transaction, or even retain the right to continue living in a property you donate.
If you are interested in donating goods or services to the Farnsworth, please contact Katherine White, Membership and Special Events Manager at 207.390.6013 or by email.
With a planned gift, you can achieve personal financial and charitable planning goals while making a significant contribution to The Farnsworth Art Museum. Discover a range of planned gifts that can have a lasting benefit to the Farnsworth.More information on Planned Giving