International Botanical Art Returns to the Studio

Lucy Martin, Grandmother Madrone, Gouache and watercolor on paper Perhaps nothing so deftly combines the two components of the Marin Art and Garden Center’s name as botanical illustration, bridging the worlds of art and gardening. The earliest civilizations depicted plant life in their artwork, but the modern art of botanical illustration really finds its roots […]

Have Felcos, Will Travel

Three to four times a year, a wandering band of pruners equipped with Felcos, saws and ladders descend upon our campus. This sprinkling of gardeners is called the Pruning Guild. The Pruning Guild is led by a most excellent pruner, Katherine Randolph. She coordinates instructor-led pruning classes here in our gardens and at others in […]

A Tribute to an Apple Tree

We had an unhappy surprise on a recent Tuesday morning: the magnificent apple tree near the Livermore Pavilion had abruptly split its trunk and tipped over during the night, revealing a hollow core that had been rotting for some time. Garden Manager Michael Bogart quickly consulted with tree experts, but the conclusion wasn’t good: the […]

IRS Guidelines for Gifts from Donor Advised Funds to Support MAGC Events

Thank you for your interest in giving to the Marin Art & Garden Center events from your Donor Advised Fund (DAF) or Family Foundation.

We sincerely appreciate your generosity and support!

To ensure your gift follows the current IRS guidelines for DAF/Family Foundation support of an event, we would like to share the below guidelines with you.

  • Raffle tickets, tickets to galas and other special events, auction items, and benefits conferred in connection with a DAF/foundation grant are not permitted.
    • IRS has specifically ruled that fair market value associated with fundraising events cannot be separated, a practice known as “bifurcation.”
      • For example, with Edible Garden, if the price of the ticket is $200 and the FMV fair market value (non-tax-deductible amount) is designated to be $50, the donor must pay from sources other than her DAF/foundation for the full value of the ticket ($200) and not just for the non-tax-deductible amount ($50).
    • We recommend you confer with your financial advisor to confirm if any of these examples of how donors may still use their DAF to support an event would work for you:
      • A donor could sponsor the event, and not attend, and pay fully out of the DAF/foundation.
      • A donor could sponsor the event using DAF/foundation funds and attend by purchasing an individual ticket through non-DAF/foundation funds.
      • A donor could sponsor the event, join the event as a guest of another donor/table guest, and pay fully out of the DAF/foundation.
      • A donor could sponsor the event and host the afforded number of people at their chosen level as long as they pay for the seats at the lowest ticket price ($200 for Edible Garden) outside of their DAF.
        • As an example, a $1,500 sponsor that covers 2 guests, could pay for their sponsorship with $400 from a different source of funds, and then give an additional gift of $1,100 out of their DAF.

 

Please email Tod Thorpe, Director of Development at tod.thorpe@maringarden.org to discuss your gift to Marin Art and Garden Center