Ways to Give
RECURRING GIFTS
Recurring giving is an easy, automatic way to support the Institute that works for your budget and schedule. It is convenient, customizable, and environmentally friendly, and helps ensure a steady source of funding for MSMT.
Once you have entered your payment information and submitted your recurring gift, MSMT will automatically deduct gifts from your credit card according to the amount, frequency (monthly or annually), and duration (the total number of payments) you provide. And don’t worry—your online donation is secure and flexible.
IRA CHARITABLE ROLLOVER
In 2015, Congress made the IRA Charitable Rollover a permanent option for those who are 70½ years old and are required to take a minimum distribution annually but do not need the extra income. Now, you can take advantage of this new charitable opportunity by making a gift of up to $100,000 each year from your IRA directly to MSMT and avoid paying income tax on that gift.
To qualify for a tax-free IRA Charitable Rollover, your gift must be made before the end of the year and your IRA administrator must initiate the gift. Please note that your spouse can also make a gift of up to $100,000 from his or her IRA, as long as it is a separate account. As always, you should consult with your tax professional before making this gift.
This provision applies to:
- IRAs and Roth IRAs (SEP or Simple IRAs, 403(b)s, 401(k)s, and pension plans are not eligible) Outright gifts (these distributions cannot be used to fund life income gifts, such as charitable gift annuities or charitable remainder trusts)
- The gift may satisfy a donor’s IRA required minimum distribution for the year. Since the amount of the direct charitable distribution can be excluded from the donor’s gross income, there is no federal income tax deduction available for such gifts.
AMAZON SMILE
AmazonSmile is a simple and automatic way for you to support Maine State Music Theatre every time you shop, at no cost to you.
When you shop at AmazonSmile, Amazon will give 0.5% of the price of your eligible purchase to Maine State Music Theatre!
How Does it Work?
1. Go to smile.amazon.com.
2. On the next page, there will be a box to type the name of your chosen charitable organization. Type in “Maine State Music Theatre” and click search.
3. Next to “Maine State Music Theatre” click the yellow select button.
4. You’re done!
Amazon will remember your selection, and then every eligible purchase you make at smile.amazon.com will result in a donation!
Which products on AmazonSmile are eligible for charitable donations?
Tens of millions of products on AmazonSmile are eligible for donations. You will see eligible products marked “Eligible for AmazonSmile donation” on their product detail pages.
Can I use my existing Amazon.com account on AmazonSmile?
Yes, you use the same account on Amazon.com and AmazonSmile. Your shopping cart, Wish List, wedding or baby registry, and other account settings are also the same. But you must go to smile.amazon.com to do so.
