Planting in a drought

We expect dry summers here in the Bay Area, but when there’s hardly any rain in the winter, it’s tough on plants. Luckily, there are plenty of hardy plant options that can thrive in low water years, and are worth your consideration even when we’re not faced with water restrictions. Steven Schwager names names in […]

Water conservation video guide

https://youtu.be/bSI14hv6RNg Here’s a visual guide to some of the important measures we’ve been taking around the grounds to save water this year. Join Garden Manager Steven Schwager on a tour of the gardens as we prepare for dry months ahead.

Planning and planting for a dry future

It’s all about tradeoffs: beautiful lilies, dry lawn. The Bay Area is prized for its mild winters and cloudless summers—the ideal Mediterranean climate, and as we’ve written about before, there is a wide selection of wonderful choices for our gardens that are well suited to going with less water for months at a time. Many […]

Reflections on the Fountain Pond

The Fountain Pond at Marin Art and Garden Center has seen many celebrations through the years. It’s a popular spot for wedding ceremonies, a festive gathering spot at receptions, as well as a peaceful place to sit and just be, on any day. The location of the pond is the site of the main house […]

Dry Times Ahead

https://youtu.be/fgf7D0ThkJI Here in Marin, we’re all watching the skies from November through April, since we depend upon rainfall for our water supply. After a few wet years, we officially moved into drought conditions this week, with reservoirs at historically low levels. While the promise of a late-season storm is very welcome, it’s nevertheless time for […]

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