SUPPORT FREE ACCESS TO THE ARTS IN NASHVILLE
Make an impact by donating to Centennial Park Conservancy or Centennial Park Revitalization. Your support will help provide powerful experiences to people of all ages and help preserve this unique museum and beautiful park.
SPECIAL TAX RULES FOR THOSE AGE 70-1/2 AND OLDER
If you are 70-1/2 or older, you can use your IRA or other tax-deferred account to your tax advantage while simultaneously supporting Centennial Park Conservancy. If you are age 70-1/2 or older, IRS rules require you to take a required minimum distribution (RMD) from this type of retirement account. This RMD withdrawal is taxable income and can result in pushing you into a higher tax bracket. However, you can mitigate this tax burden by donating your RMD to Centennial Park Conservancy. Rules require the donation to be made by the account custodian directly to Centennial Park Conservancy. The funds cannot be withdrawn and paid to you with a subsequent donation to us. This crafty tax strategy allows you to fulfill your philanthropic wishes, support Centennial Park Conservancy and lessen your taxes all at once. This exemption from taxation is limited up to $100,000 of your RMD. If you are interested in using your retirement funds with this little-known tax tip, please contact your financial advisor. We are also here to help. Please call John Tumminello for further information, firstname.lastname@example.org or 615-862-6810.
GIFT OF SECURITIES
Centennial Park Conservancy accepts gifts of marketable securities and will consider other gifts, such as real estate, closely held securities and tangible personal property. For inquiries, please contact John Tumminello at email@example.com or 615.862.6810.
CENTENNIAL PARK REVITALIZATION DONATIONS
Phase One of The Centennial Park Revitalization is complete. We have made several improvements to the park including: the daylighting of Cockrill Spring, the cleaning of Lake Watauga, the parking improvements surrounding the Parthenon and a new permanent venue for Musicians Corner.
We are currently fundraising for Phase Two which includes: revitalizing the great lawn, doubling the amount of park trails (walking, jogging and biking) and constructing a new outdoor pavilion for a wide variety of events. You can help support this historic revitalization of Nashville's central park.