Other Ways To Give
Additional methods to support KCAI are available. If you intend to utilize one of the options below, please notify the Office of Advancement by calling 816.802.3465 or emailing csumner@kcai.edu so we are aware of your intentions.
- IRA Rollover: If you are 72 or older, ask your IRA administrator to direct your annual required minimum distribution (RMD) to KCAI. While you will not receive an income tax deduction, you will not pay income taxes on any distributions (up to $100,000) to KCAI.
- Personal Property: If you are interested in gifting an item to KCAI (i.e. painting, sculpture, or a collection) please contact us at advancement@kcai.edu so we can facilitate a conversation to best accomplish your goals.
- Publicly Traded Stock Shares
- The most common method of delivery of marketable securities is an electronic transfer through Depository Trust Company.
- Any DTC-eligible securities can be transferred electronically to the The Kansas City Art Institute, Federal tax I.D. # 44-0546278, through State Street Bank
- Gifts of stock can be made to:
State Street Global Markets
DTC participant number: #0226NFSC
Account Number: AB2 037337
Account Name: Kansas City Art Institute - Stock Gifts
Custodian Contact: Fred Menis (617) 664-6278
It is important that you notify KCAI before making a gift of DTC-eligible securities. Without this notice, your gift may be transferred to KCAI without our knowledge of your identity. This makes it difficult to provide you with proper credit and timely acknowledgement for your gift.
For more intricate gifts, please contact Chris Sumner, Senior Director of Advancement at 816.802.3465 to help assist in the execution of your intentions.