When you include the Institute of American Indian Arts in your will, trust, or other estate arrangements, your generous support extends well into the future, helping generations of Indigenous artists and leaders for years to come. If you are considering including a gift to IAIA in your estate, we recommend contacting IAIA’s Institutional Advancement for additional information and speaking with an estate planning attorney.

Ways to recognize IAIA in your estate plan include:

• Naming IAIA as a beneficiary of an IRA, retirement plan, insurance policy, or bank account
• Working with your attorney to include a bequest to IAIA in your will or a living trust
• Creating a charitable trust or other life income gift

Lloyd Kiva New Legacy Circle

The Lloyd Kiva New Legacy Circle recognizes IAIA donors, faculty, alums, and volunteers who have chosen to include our unique institution in their estate plan through a legacy gift. For additional information about including IAIA in your estate plans, please contact Suzette Sherman, IAIA Director of Institutional Advancement, at (505) 424-2309 or suzette.sherman@iaia.edu. Once you’ve included IAIA in your estate plan, you’ll be honored and recognized as a member of our Lloyd Kiva New Legacy Circle.

IRA and Donor-Advised Fund Gifts

IRA and donor-advised fund gifts are two tax-wise ways to support IAIA and make a difference.

Qualified Charitable Distribution

If you are 70½ or older, you can make a tax-free transfer of up to $100,000 per year directly from your individual retirement account (IRA) to IAIA. This qualified charitable distribution (QCD) can make an extraordinary difference while providing these benefits:

• Tax benefits: a charitable gift transferred directly to IAIA from your IRA will not be taxed and can satisfy your required minimum distribution.
• Ease: simply contact your IRA administrator. You don’t need an attorney to make this gift.
• Impact: IRA gifts can be directed to unrestricted support, scholarships, an academic program, the IAIA Museum of Contemporary Native Arts, or another area that is important to you. Your gift will make a significant difference and impact IAIA’s work quickly.

Donor-Advised Fund Gifts

Donor-advised funds (DAF) can be an effective strategy for achieving your charitable goals. Donors receive a charitable income tax deduction when they create a DAF and then recommend one-time or recurring grants to nonprofit organizations, such as IAIA. Simply contact your community foundation or sponsoring organization for your DAF and recommend a grant to IAIA.

Info for Your IRA and DAF Administrator

The purpose of this webpage is to provide general information and is not legal or tax advice. Please consult with your estate attorney and/or tax advisor about making these types of gifts. Donations cannot be made from an IRA or DAF when goods or services are provided.

The Institute of American Indian Arts Foundation is a tax-exempt 501(c)(3) organization, EIN #32-0377684.