Online Annual Fund Gift Online Annual Fund Gift Click Here Board Member Endows PrattMWP Scholarship MWPAI Board of Trustees Member Dr. William L. Boyle Jr. has endowed a scholarship fund for Utica-area students whose artistic talents and academic achievement earn them entrance to the PrattMWP program. Awards may be for any educational expenses the students may incur at PrattMWP. It is hoped that the recipient will return to the area after completing their Baccalaureate Degree. Dean of the School of Art Robert Baber will select the recipients annually from the pool of qualified students. “Dr. Boyle’s commitment to education will allow area students to pursue their passion for the arts at one of the country’s finest private art colleges,” Baber said. PrattMWP is the upstate campus of internationally renowned Pratt Institute providing world-class fine art instruction in central New York. Students enroll in the Pratt four-year bachelor of fine arts program, complete the first two years on our Utica campus, and then relocate to Pratt's Brooklyn campus to finish their degree requirements. Named scholarship funds at PrattMWP provide a way to honor or memorialize special people in perpetuity. Endowed scholarships may currently be established for as little as $5,000. For information, contact Campaign and Fundraising Manager Joe Silberlicht at 315-797-0000 x2297, or email Email Form Name: Mr. Mrs. Ms Miss Dr. Rev. * Address: * City/State/Zip: AKAZARCACOCTDEDCFLGAHIIDILINIAKSKYLAMEMDMAMIMNMSMOMTNENVNHNJNMNYNCNDOHOKORPARISCSDTNTXUTVTVAWAWVWIWYALAKAZARCACOCTDEDCFLGAHIIDILINIAKSKYLAMEMDMAMIMNMSMOMTNENVNHNJNMNYNCNDOHOKORPARISCSDTNTXUTVTVAWAWVWIWYAL * Email: * Day Phone: * Evening Phone: Comments: Please enter the text in the image to submit the form: Security Code: Vinnie Coluzza Scholarship Fund Now Endowed MWPAI officials recently announced that the Vinnie Coluzza Scholarship Fund is endowed. The fund was created to honor a friend and dance program faculty member and will provide assistance to dancers who have financial need and a passion for dance. Thank you to all who contributed. Those interested in a gift to the fund may do so by phoning 797-0000 ext. 2124. Planned Giving Munson-Williams-Proctor Arts Institute was founded through the foresight and planning of Thomas, Frederick and Maria Proctor. The magnificent art gallery building, restored Fountain Elms, new college, and grounds are a testament to the power of the planned gift and a well-managed endowment. The FOUNDERS SOCIETY recognizes and honors those friends and members of the Munson-Williams-Proctor Arts Institute who have thoughtfully provided for the Institute's future. By including the Institute in your estate plans, you are ensuring that MWPAI will be able to continue to build upon the strength of its collection and education programs and remain the premier arts facility of its kind. To become a member of the FOUNDERS SOCIETY you need to notify us that your will or life income arrangement provides for Munson-Williams-Proctor Arts Institute. MWPAI offers many planned giving opportunities all of which can be tailored to meet your specific financial and estate planning needs. A planned gift to MWPAI offers many advantages, including the opportunity to: Increase current income to yourself and/or spouse or family Convert low-yielding or non-income producing assets into lifelong income Reduce or eliminate capital gains costs and/or estate tax liability Enjoy a significant income tax deduction Make a significant donation to Munson-Williams-Proctor Arts Institute A booklet is available which outlines how to include MWPAI in your will, the benefits of a charitable remainder trust, how to name MWPAI as the beneficiary of an insurance policy or retirement plan, and how to make other life income gifts. For a booklet or additional information on how to provide for MWPAI in your will or planned gift, or the FOUNDERS SOCIETY please contact John Bach, Director of Communications and Development at 797-0000, Ext.2124. All inquiries are confidential and without obligation. Corporate Sponsorship Keeping Outstanding Company Several recent studies have shown that consumers understand and appreciate sponsorship - and that sponsorship can greatly influence buying decisions. In fact, sponsorship has the greatest impact on the highly educated, higher-income individuals who are the most difficult to reach through traditional media. Picture your company associated with some of the world's great artists - Pollock, Cole, Perlman and a large and loyal audience. As a corporate sponsor at MWPAI you will make an impact and achieve a prominence available in few other media. The medium is truly the message. A sponsorship with MWPAI represents an association with quality and a promotional platform that reaches a large and loyal audience who understand and appreciate companies that sponsor programs. Sponsorship Allows your company to: Reinforce current marketing goals Bolster public relations activities Strengthen client relationships Reward high-performing employees Target its messages and audiences Distinguish itself from competitors To find out more about exhibition and performing arts sponsorship opportunities for the coming season please contact John Bach, Director of Communications and Development at 797-0000, Ext.2124. Memorial/Naming Opportunities Unique memorial/naming opportunities to honor family, loved one, corporation or foundation are available throughout the Munson-Williams-Proctor Arts Institute campus and grounds. These opportunities are as varied as a building, gallery, classroom or courtyard. To find out specific availability and costs, please contact: John Bach, Director of Communications and Development at 797-0000, Ext. 2124. Consider a Year-End Gift to Munson-Williams-Proctor Arts Institute A gift to MWPAI before December 31 can reduce your federal tax bill as well as help to provide for the programs here that you care most about. If you itemize deductions on your federal return you can save a substantial amount. Assume you make a gift to MWPAI of $2,500 and you are in the 33% tax bracket. You would save $825 on your federal tax bill. ($2,500 x .33) Gifts of appreciated securities can provide both a charitable deduction and complete avoidance of federal capital gains tax. If you are paying close attention to your portfolio just now, you may find some long-held and highly appreciated securities that no longer make sense in your investing future. As an example, suppose you transfer stock worth $10,000 that you purchased for $3,000 more than one year ago to MWPAI before December 31. Assuming again that you are in the 33% federal tax bracket, you will enjoy a tax deduction of $3,300 and you will avoid capital gains tax of $1,050. ($7,000 in capital gains x 15% tax rate.) This provides you with a total savings of $4,350 versus a sale of the same stock. If you are more than 70 1/2 years old you can benefit from the $750 Billion Bailout! Did you know that a little-noticed section of the “Wall Street Bailout Bill” extends certain provisions of the Pension Protection Act of 2006 which permit you to make charitable donations this year and next using assets from your IRA? Such a gift enables you to completely avoid taxes on funds withdrawn from your IRA for this purpose – even if those funds are part of your required distribution for this year. Extracting money from an IRA without having it count toward your adjusted gross income can provide tremendous tax, Medicare, and Social Security advantages. Consult your tax advisor if this option interests you. Also, to protect your tax benefits, make sure that if you do choose to make a gift in this way, you advise your IRA custodian to transfer the funds directly to your chosen charity. The development office at MWPAI is qualified to offer guidance and assistance as you contemplate these tax-wise giving opportunities. Contact Joe Silberlicht at 315-797-0000 extension 2297 at your convenience. Thank you for supporting the arts and MWPAI.