ANNUAL FUND
By donating to the museum, you are helping us sustain our long running educational programs, grow our collection, and create unique experiences. Thanks to your generous support, we have been able to connect visitors to the splendor of the natural world through rocks, minerals, gems, and fossils. Your donation helps educate future generations, giving our visitors something that lasts forever.
Donations of any amount are appreciated. If you are interested in sponsoring a specific program or exhibit please contact Aurore Giguet.
Charitable Giving Incentives as a Result of COVID-19
To encourage charitable giving this year, the CARES Act has created a number of tax incentives, including an “above the line” universal deduction of $300 for cash charitable contributions in 2020. You can claim this deduction without itemizing. Additionally, the CARES Act has increased tax deductible individual cash donations from 60% to 100% of AGI (Adjusted Gross Income). For businesses, the new law also increases the limit for cash charitable contributions from 10% to 25% of a corporation’s taxable income. Please check with the IRS or your tax advisor to find out more.
Giving is easy and tax-deductible.
You can:
Make a quick and secure gift online
Mail a check to the Rice at 26375 NW Groveland Dr, Hillsboro, OR 97124
You can also make a gift from your donor-advised fund or through a charitable IRA distribution. See below for more information or call 503-647-2418 to choose the option that is best for you.
Making a gift from your Donor Advised Fund (DAF)
A donor-advised fund can be a great tool to manage your philanthropy. Distributions from your donor-advised fund are made directly through the managing organization to the Rice. We advise entering our employer identification number (EIN) 93-1217856 when searching a charity database to ensure that you are directing your gift to our museum.
There are some restrictions when giving through a DAF. Since the tax-deduction was made at the time the amount was given to the managing organization, your distribution to the Rice must be 100% tax-deductible and you cannot receive goods and/or services in exchange for your gift. This means that your DAF cannot be used to pay for membership or event tickets.
If you have questions about what you can do with your donor-advised fund, please call us at 503-647-2418.
Making a non-taxable gift from your IRA
Those who are 70½ years or older can give up to $100,000 directly to a qualified nonprofit organization from your IRA without counting the gift as taxable income.
Your IRA custodian must send the sum directly to the charity, rather than you giving the money to the non-profit organization yourself. No income tax will be due on this money if gifted as a transfer. You don’t have to itemize your tax deductions and it can satisfy all or part of your required minimum distribution from your IRA for the year or even reduce your adjusted gross income.
If you have questions about making a non-taxable gift from your IRA, please call us at 503-647-2418.
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