Your Gift Matters
There are many ways to support the Phillips above and beyond membership contributions. Gifts of all sizes help to keep the Phillips strong and vibrant, offering visitors opportunities for personal enrichment and lifelong learning.
Unrestricted gifts go toward a wide range of needs at the Phillips, including maintenance of the 1897 Phillips house and expanded modern facilities, outstanding special exhibitions, engaging educational outreach, and the conservation of works of art. General support nurtures the museum's growth, empowering the Phillips to reach out in exciting new ways to our community and beyond. These tax-deductible gifts go directly to areas of greatest need within the museum.
No matter what its size, your gift will play an invaluable role in the future of the museum and have an impact on all who come to enjoy the Phillips.
THE ELIZA LAUGHLIN SOCIETY
The Eliza Laughlin Society honors supporters who make planned gifts, both large and small, to The Phillips Collection through a bequest or other estate plan provision. Whatever your estate planning objectives, the Phillips can share with you gift planning ideas that will benefit you, while providing a lasting legacy for the museum.
Planned Giving Options
One of the simplest ways to support The Phillips Collection, a bequest provides a gift for the museum in your will. If you already have a will, simply instruct your attorney to prepare a codicil to your current will or living trust.
CHARITABLE GIFT ANNUITY
A charitable gift annuity is an agreement between you and the Phillips that provides you with regular fixed payments annually for life in exchange for transferring assets to the museum. You will get a charitable deduction in the year of your gift, and for a certain number of years a portion of your income will be tax-free.
CHARITABLE REMAINDER TRUST
A charitable remainder trust, or CRT, is a type of charitable trust that provides you with income for life or for a specific period of time and thereafter distributes the remaining assets to the Phillips, while at the same time qualifying for a charitable income tax deduction. A CRT may also reduce your federal estate taxes and may qualify for the elimination of capital gains tax on gifts of appreciated property.
CHARITABLE LEAD TRUST
A charitable lead trust provides income to the Phillips for a period of years, at the end of which the trust property typically passes to an heir.
When the Phillips is named a beneficiary of a life insurance policy, any premiums paid qualify for charitable income tax deductions. Naming the Phillips as beneficiary of all or part of your retirement plan proceeds is one of the most cost-effective ways of making a gift and will protect those assets from both income and estate taxes.
The Finance and Development Committee of the Board of Trustees reviews all proposed gifts of real estate. The Committee will consider proposed gifts of real estate for outright gifts, Plan 2 Charitable Remainder Trusts, or Life Estate Agreements. In reviewing proposed gifts, the Committee considers the amount the Phillips would receive after liquidation and payment of expenses, the prospect for immediate sale, the property’s location, and consistency with the museum’s mission. Donors must provide an appraisal conducted within the past 60 days, a title search, and a level one environmental survey. Ordinarily, the Phillips will not accept property subject to a mortgage or other indebtedness.
PROMISED GIFT OF ART
Phillips staff and curators will be happy to discuss with you the process of making a promised gift of art to the museum. Works enter the collection at the Phillips after careful review by a committee of the museum's curators and board members. All accepted new works reflect the aesthetic values at the core of The Phillips Collection.
All inquiries are confidential and without obligation.
For more information about planned giving and the Eliza Laughlin Society, contact:
Dale A. Mott, Director of Development
EMPLOYER MATCHING GIFTS
Double or even triple the impact of your donation to The Phillips Collection by participating in your employer's matching gift program.
Many employers will match your charitable contribution to the Phillips with an equal or higher amount if you are an employee, retiree, or board member of a company, or if your spouse is. The Phillips Collection is a 501(c)(3) nonprofit organization, an important qualification for many companies' matching gifts programs.Check to see if your company has a matching gifts program. If so, please request a matching gift form from your employer and send it completed and signed with your gift. We will do the rest!
For more information about employer matching gifts, contact:
Jeff Petrie, Membership Manager
Since its opening in 1921, the Phillips has included music programs as an integral part of its cultural offerings. The Sunday Concerts, established in 1941, are among Washington's premier chamber music programs. The Phillips offers an exciting evening concert series, Leading European Composers. Jazz performances enliven Phillips after 5 on the first Thursday of the month.
We invite your participation in two initiatives to build support for music programs:
MUSIC ENDOWMENT FUND
The Phillips Music Endowment Fund was established to provide a solid foundation for the music program for decades to come. The fund's current goal is to build a $3 million endowment, which would provide the $150,000 needed annually for artists' honoraria, the music director, recordings, concert expenses, and other costs. Gifts of any size can be added to the endowment. Naming opportunities are available. The Phillips is happy to work with donors to customize a package of recognition opportunities and benefits.
If you are already a member of the Phillips, please consider adding $500 to your membership donation to join Concertmasters. Designed to connect with those who know and love the Sunday Concerts, the Concertmasters program offers additional benefits, including:
- Free admission to Sunday Concerts and Leading European Composers performances
- Reserved seating
- Invitations to related receptions
- Advance notice of concert programming via music e-news
For more information about contributing to the Music Endowment Fund or joining the Concertmasters, contact:
Morgan Milner, Executive Assistant to the Director of Development
SUPPORT THE LIBRARY AND ARCHIVES
The Phillips Collection has a long-standing commitment to supporting research into modern art through its on-site library and archives. In 2006, the library and archives moved into a new, modern library space. Since then, an ambitious, multiyear cataloging initiative has allowed the library to launch an online catalog, which includes finding aids, oral histories, and other resources.
You can help the Phillips library and archives to continue moving forward as a high-quality, specialized resource for modern art research through two initiatives:
Digital bookplates displayed on the library's website and linked to specific works in the catalog acknowledge the generosity of library donors and friends.
The Phillips Collection is conducting professional oral history interviews with Phillips family members, former directors, current and former staff members, and others. You can help fund the costs for an interview, which may include preparatory research, a transcription fee, and travel.
For more information about supporting the library and archives, contact:
Dale A. Mott, Director of Development