The Jamestown-Yorktown Foundation gratefully accepts contributions from individual retirement accounts, donor-advised funds, and family foundations.
Under federal law, IRA Qualified Charitable Distributions (sometimes called an “IRA Charitable Rollover”), as well as grants from donor-advised funds and family foundations cannot be used to pay for membership dues that include tangible benefits. The only permissible benefits that may be accepted with an IRA QCD, DAF, or family foundation are those that do not have a value for tax purposes, such as free admission, discounts, and early access to tickets.
Individual ($65), Dual ($95), and Family Memberships ($125) are all fully tax deductible, thus you may use an IRA QCD, DAF, or family foundation to pay for these membership dues.
Memberships levels starting at The 1607 Society ($1,607) have a Fair Market Value. However, we have a way for you to support JYF’s mission and enjoy recognition through The 1607 Society.
1. Recommend a grant from your DAF, family foundation, or IRA to the Jamestown-Yorktown Foundation, Inc. Annual Fund. Choose the amount that corresponds with your desired leadership-giving level:
- The 1607 Society – $1,607
- Patron – $2,500
- Benefactor – $5,000
- Leadership Circle – $10,000
- Commonwealth Circle – $25,000
- Executive Director’s Circle - $50,000
2. Then, pay a small membership fee (non-tax-deductible portion of your membership dues) from your personal funds to receive benefits:
- The 1607 Society – $70
- Patron – $110
- Benefactor – $150
- Leadership Circle – $150
- Commonwealth Circle – $550
- Executive Director’s Circle - $800
Alternatively, you may choose to decline all membership benefits and make your full contribution through your DAF, family foundation or IRA.
Important Note
This information is provided as a general overview and is not intended as legal or tax advice. Please consult your donor-advised fund manager, tax advisor, or legal counsel to determine the tax implications and any restrictions related to your gift.