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To Give and To Receive: A Handbook on Gifts and Donations for Museums and Donors, Second Edition covers the process of substantiating the value of a gift and the obligations of the donor and donee. It is a concise guide on tax incentives for gifts of art, historic objects, and many other types of collectible material to not-for-profit institutions. This second edition includes: ·Current museum best practices ·Recent changes in IRS regulations enacted in 2019, including IRS 8283 Non Cash Charitable Contributions and revised IRS definitions of the standards for qualified appraisal and qualified…mehr

Produktbeschreibung
To Give and To Receive: A Handbook on Gifts and Donations for Museums and Donors, Second Edition covers the process of substantiating the value of a gift and the obligations of the donor and donee. It is a concise guide on tax incentives for gifts of art, historic objects, and many other types of collectible material to not-for-profit institutions. This second edition includes: ·Current museum best practices ·Recent changes in IRS regulations enacted in 2019, including IRS 8283 Non Cash Charitable Contributions and revised IRS definitions of the standards for qualified appraisal and qualified appraiser and the mandated appraiser declaration ·New art professionals' case studies and legal case notes on copyright law Beth J. Parker Miller, Amy McKune, Laurette E. McCarthy and Romy M. Vreeland were the major contributors without whom this resource would not be possible. The 2020 edition also includes expert case notes by Helen A. Harrison, Luke Nikas and Maaren Shah, Jeffrey Patchen, as well as Elizabeth Morton's updated section on cultural patrimony and Robert Simon and MacKenzie Mallon's contribution on provenance. These additions focus on perspectives in collection management, provenance research, due diligence, cultural patrimony, and legal issues related to gifts to museums. This authoritative guide is intended for museums and donors alike, providing valuable information on the donation process, current standards and best practices, ethical and legal issues, and IRS updates and valuation considerations to include: ·Up-to-date information on gifts to museum collections and related new and updated IRS regulations ·Guidance to organize and implement a gifting plan with practical advice in making decisions on collection gifts ·Broader applicability to family members, attorneys, estate bankers, foundations and financial advisors who help inform gift and donation decisions
Autorenporträt
Sharon Smith Theobald, ASA, Editor, has served as the Director of Art Museum of Greater Lafayette where she served as curator for over 100 exhibitions while developing The Baber Contemporary Painting and Sculpture Collection, the Fry/Pritsker Ceramic and Art Glass Collection and also led Purdue University's Krannert School of Management's Corporate Art Exhibition Program. She received her M.S. from Hofstra University, NY; completed graduate courses in Art History at the New School in New York City and Ph.D. studies at Purdue University and has served on the faculty of The State University of New York at Stonybrook and Wilfrid University, Ontario, Canada. Theobald also served the American Alliance of Museums on the Accreditation Commission and as Chair of the AAM Standing Professional Committee for Small Museum Administrators (SMAC) while chairing AAM Annual Meetings' Museum Sessions in New York, Philadelphia, Boston, Chicago and Indianapolis. She studied Museum Management with The British Council and museum directors from twenty-two countries in London, England. In 1992, Theobald launched Appraisal Associates International and has worked with corporate, museum and university art collections while serving as an appraiser and advisor to both Museums and Donors. She was the co-editor of the American Society of Appraisers' (ASA) Personal Property Journal while teaching ASA appraisal writing courses at George Washington and Northwestern University, The Rhode Island School of Design and The University of Missouri. Theobald and was the contributing co-editor To Give and To Receive :A Handbook of Gifts and Donations for Museums and Donors (AAM, 2011).