The PMA Store is open during regular museum hours.
Wednesday, Saturday, and Sunday: 11 a.m. - 6 p.m.
Thursday and Friday: 11 a.m. - 8 p.m.
Just as there are numerous levels of membership, there are also numerous ways to give. One thing that remains constant is that your generosity is deeply appreciated by the Maine community for generations to come.
Donate online or make your check payable to the Portland Museum of Art and mail to:
Portland Museum of Art
Seven Congress Square
Portland, ME 04101
If you have questions or would like to give by phone, please contact:
Many companies participate in matching-gift programs for charitable gifts made by their employees. Check with your employer's Human Resources Department to see if your generosity will be made even greater through a match by your employer.
Please notify the PMA’s Development Office that you will be making a gift:
Interim Director of Development
UBS Paine Webber: DTC# 0221
PMA Account#: MH41686
Your will is a very personal document. It designates your beneficiaries and spells out your ongoing priorities. Your will, when it is drafted by your lawyer, is hand tailored to incorporate your decisions. A bequest in your will to the Portland Museum of Art is exempt from the federal estate tax and the Maine estate tax. The following suggested forms of bequests are examples and can be adapted by you and your lawyer to meet your specific intentions.
"I give and bequeath to the Portland Museum of Art, a Maine non-profit corporation, Seven Congress Square, Portland, Maine, the sum of $ ___________ (or specific described property such as a painting) to be used for the general purposes of the museum (or to be used for a specific purpose such as endowment, education, purchase of art, etc.)."
"I give and bequeath to the Portland Museum of Art, a Maine non-profit corporation, Seven Congress Square, Portland, Maine, all (or stated percentage of) the rest residue and remainder of my estate to be used for the general purposes of the museum (or to be used for a specific purpose such as endowment, education, purchase of art, etc.)."
A contingent bequest names the Portland Museum of Art to receive part or all of your estate in the event designated beneficiaries predecease you. You might insert in your will language such as the following: "If any beneficiary named in this will is not living at my decease, then I give, devise and bequeath to the Portland Museum of Art, a Maine non-profit corporation, Seven Congress Square, Portland, Maine, any bequest which said beneficiary would have received if he or she had survived me."
Gifts to the Portland Museum of Art may be included in either a lifetime or testamentary trust. A lifetime trust is sometimes referred to as a revocable, intervivos or management trust. A testamentary trust is one incorporated in your will. The language included in either a testamentary or lifetime trust would follow the language suggested for inclusion in your will. Trusts provide flexibility to you so that you might leave the income to a named individual with the principal to the Portland Museum of Art upon that individual’s death. There are two types of irrevocable trusts which you might want to consider to benefit the Portland Museum of Art.
A Charitable Remainder Trust, which can be in the form of either a unitrust or an annuity trust, provides for the irrevocable transfer of assets to an independent trustee who pays income to you or any beneficiary you designate for life or a term of years and, upon the death of last beneficiary, the trust principal goes to the Portland Museum of Art. A unitrust provides that the fluctuating amounts paid during any one year to the beneficiary are a percentage of the fair market value of the unitrust assets, which by law cannot be less than 5 percent. An annuity trust provides that a fixed amount is paid annually to the beneficiary regardless of the value of the assets, but by law that amount cannot be less than 5 percent of the fair market value of the trust when it is established.
A Charitable Lead Trust provides income to a charity such as the Portland Museum of Art for a fixed number of years (10 to 20 for example) and then the principal of the trust reverts to you or your family members. Such a trust can be used to transfer income you may not need for a period of time to a charity for either its general purposes or a specific purpose, and then the principal reverts to you , or those named by you, often children or grandchildren. Under the Internal Revenue Code, there are tax advantages to the various trusts described and your legal, financial and tax advisors can assist you in maximizing those benefits.
If you have a life insurance policy which you no longer require for family needs such as education, such a policy creates a charitable tax deduction for you on your federal and estate income tax returns in the year you transfer title to the policy to the museum. The amount of the deduction is roughly the cash value of the policy. Any premiums you pay on policy after transferring title to the museum qualify as a charitable deduction on your federal and state income tax returns for the year in which the premium is paid. The gift of a life insurance policy to the Museum removes that policy from your estate and reduces your federal estate tax. You should consult with your insurance agent or advisor for assistance in making a gift of an insurance policy.