I am curious. If this kind of restriction is acceptable can the donor still
use the donation as a tax deduction? I don't think they can. Or, if they
do take off a dollar amount in taxes and then, 10 years later the object is
returned to them, would they need to enter it as "income" or somehow
readjust their taxes? I suppose all of these issues are only a concern for
something of significant monetary value. And, if it has value and is
returned to the children, are there issues with inheritance tax?
Sue
------------------
Susan Garwood
Executive Director
Rice County Historical Society
1814 NW 2nd Ave.
Faribault, MN 55021
507-332-2121
[log in to unmask]
-----Original Message-----
From: Museum discussion list [mailto:[log in to unmask]] On Behalf
Of Tenuth, Jeff
Sent: Friday, May 30, 2008 2:41 PM
To: [log in to unmask]
Subject: Re: [MUSEUM-L] Restricted donations - deaccession restrictions
It would be best if you could dissuade the donor from placing such
restrictions on his/her donation. I have rarely if ever seen anything
good come out of restricted donations. Every donor believes that
his/her donation is the most important one your museum will ever
receive. But most restrictions are based on personal or familial
desires and have little to do with the mission of the museum. Try to
convince the donor that his/her donation is an important part of your
museum's mission and will be treated with care, but that the donation
must be without restrictions because your institution must be free to
use the artifact as it needs to. If your collection management policy
states that all donations must be without restrictions, then you can use
that to bolster your argument. But if you don't have such a provision
in your policy, you may end up compromising so that any deaccessioning
of the artifact includes a provision that it goes to another museum,
historic site, or returned to the donor or donor's family. But I would
try using policy first.
Jeff Tenuth
Indiana State Museum
-----Original Message-----
From: Museum discussion list [mailto:[log in to unmask]] On
Behalf Of Scott Scholz
Sent: Friday, May 30, 2008 2:40 PM
To: [log in to unmask]
Subject: [MUSEUM-L] Restricted donations - deaccession restrictions
I am with a house museum and am offered a donation that is extremely
important towards our house and mission, yet the donor wants deaccession
restrictions placed on it. These restrictions are not so much that the
item can not be deaccessioned, but if it is the donor wants control of
how and where it would go. Does anybody have recommendations on how to
best manage such interests and any concerns I should be aware of if we
decide to accept?
Thanks,
Scott Scholz
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If you decide to leave Museum-L, please send a one line e-mail message to [log in to unmask] . The body of the message should read "Signoff Museum-L" (without the quotes).
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