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Elizabeth Merritt

Biden 'Billionaire' Tax Proposal Could Spur Changes in How the Wealthiest Give - 0 views

  • The change also could trigger a short-term burst of giving by donors who benefit from today’s tax rules and want to take advantage of them before the changes take effect
  • Another way the proposal could spur more giving is that is that some wealthy people might want to give enough away to stay under the $100 million annual threshold,
  • people would be less likely to hold on to their assets if they have to pay taxes every year on the increase in value.
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  • he wealthiest people often have extremely complicated, long-standing financial arrangements, including philanthropic planning that could negate any benefits for donating more under a billionaire’s tax.
  • Owens also noted that current tax law caps charitable deductions at 60 percent of adjusted gross income. If that provision remains in effect, wealthy people who hit that cap even before a billionaire tax is imposed may see no tax benefit from additional giving,
  • Economists who study taxes on the ultra wealthy say they think people overestimate the impact of new taxes on charitable giving.
  • “Sometimes people get the false impression that philanthropy actually is a roundabout way to save money on taxes that exceeds the cost of the gift, and that just isn’t true,” says Duquette. “If you give your money away, then even if you do get some tax benefits, you still have less wealth than you did when you started, so that’s not really a reason why philanthropists do philanthropy.”
Ruth Cuadra

Dr. Jekyll and Mr. Hyde. Submit your design | Threadless - 1 views

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    Robert Louis Stevenson Museum partners with t-shirt comapny Threadless for a contest to create a Jekyll/Hyde design. Proceeds from sale of shirts benefit the Museum.
Karen Wade

Navigating a Changing Economy: A New Normal for Museums? | Engaging Places - 0 views

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    Looking at what the new normal will be for museum funding and how we can benefit from the change.
Ileana Maestas

Global trends for 2013: A top ten for business leaders | The Economist - 0 views

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    Look at #8. Business stepping up: From profit to purpose .....museums have always had a purpose beyond profit. We are uniquely poised to show the "purpose driven public" our motivations and how we benefit society.
Ruth Cuadra

The Urban Reordering: Can the United States Make it Stick? - 0 views

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    The repopulating of urban areas is certainly a trend that will affect museums.  But do you agree that the government should end the mortgage interest deduction because focus is shifting from suburbs to cities?  Don't people who buy condos in cities benefit from the same deduction as those buying houses in the suburbs?
Ruth Cuadra

Three Self-Healing Materials That Could Change the Future of Construction - 0 views

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    The future of sustainablity museums structures may benefit from: asphalt that re-sets itself with a dose of induction heating, concrete that patches up crack with the help of its living bacterial aggregate, and a recent discovery that some metals have self-healing properties.
Ruth Cuadra

9 benefits of blending biomimicry and the built environment - 0 views

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    Studies have shown that people who go outside often are happier, healthier and more creative than those who do not - meaning that integrating outdoor experiences into your design process can give your creativity a boost.
Elizabeth Merritt

People With Dementia Can Work on Farms in Holland - 0 views

  • Paula and most of her fellow farm workers have dementia. Boerderij Op Aarde is one of hundreds of Dutch “care farms” operated by people facing an array of illnesses or challenges, either physical or mental. They provide meaningful work in agricultural settings with a simple philosophy: rather than design care around what people are no longer able to do, design it to leverage and emphasize what they can accomplish.
  • For people with dementia, who are often less physically active and more isolated, farm settings promote movement and social interaction. And care farms can have emotional benefits, too, giving participants a sense of purpose and of making a meaningful contribution.
  • Studies in Norway and the Netherlands found that people with dementia at care farms tended to move more and participate in higher-intensity activities than those in traditional care, which can help with mobility in daily life and have a positive impact on cognition. Dementia is often linked to social isolation, and care farms were found to boost social involvement, especially among those who wouldn’t opt for traditional assistance options. Spending time outdoors in nature, often part of a day on a care farm, can also improve well-being among people with dementia. Farms are not only good for individuals. Their families also benefit: studies find caregivers experience less guilt when their loved ones are supported by services they consider to be nurturing and fulfilling.
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  • The workers get to choose which duties they’ll take on — that’s important, Monteny says, because people with dementia don’t have many opportunities to make decisions in their lives.
  • he continues to live independently in her own house, which Oranje believes is possible because her work at the farm keeps her active.
Ariane Karakalos

The Cost of "Free": Admission Fees at American Art Museums - 0 views

  • Museum theorists such as Elaine Heumann Gurian point out that admission fees may be the single biggest obstacle preventing museums from fulfilling their missions as educational institutions that are open and accessible to the widest range of visitors from all income levels and backgrounds. But is the financial position of most art museums so precarious that the 5 percent of operating budget provided by admissions fees is indispensable to the survival of the institution? Is there a middle ground between free admission and a standard entrance fee?
  • Potential visitors—especially families with children—are often concerned about the financial costs associated with a museum visit, such as transportation, parking and lunch. As the costs have risen, visitors expect greater value for their admission dollars.
  • Many of us have visited museums and seen the words “suggested donation” or “recommended amount” next to the admission fees. The actual amount collected per visitor is often significantly lower than the suggested amount
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  • he Art Institute of Chicago switched from free Tuesdays to free Thursday evenings, from 5-8 p.m.
  • At the time of this writing, there is not much more than anecdotal evidence available on the desired result of racially and ethnically diverse visitors during free evening hours, but the Art Institute of Chicago has every reason to believe its change in free hours achieved this. “We had Chicagoans in the museum who reported that it was their first-ever visit,” Lee said. “We had parents telling us that they were grateful that the free hours allowed them to easily bring their children after work. We had more visitors per free hour than we did when the free hours were on Tuesdays.
  • the competing priorities of ideology, practicality and economics. By designating periods of free admission to attract the infrequent visitor, museums can more easily justify charging an entrance fee on a regular basis
  • Cool Culture, an inventive nonprofit formed in 1999, has created a family pass to 71 cultural institutions in New York City. The pass is intended for low-income families, and the program’s primary clients are Head Start and other subsidized child-care centers. Two-thirds of participants have household incomes below the federal poverty line.
  • Although transportation is not provided, participants can visit at any time and return as many times as they wish.
  • Cool Culture’s success is in the numbers: Families who have the Cool Culture Pass are four times more likely to visit a museum than families without the pass, according to Linda Steele, executive director.    
  • one might logically conclude that museums with no admission fee will attract larger audiences and thus have a better chance at earning more revenue within the museum: more visitors, more sales in shops or restaurants. Upon closer scrutiny, this assumption may not be true.
  • museum visitors who did not pay an admission fee were likely to spend even less on additional goods or services than the average visitor who paid a fee to enter, even they were not museum members.
  • responses from museums of various sizes, settings and budgets. The most commonly mentioned benefits of free admission were service to the community and accessibility to a more diverse audience. Increased exposure, attendance and public relations opportunities also ranked high, as did improved opportunities for individual, corporate and foundation support. The primary drawbacks were lost revenue and the inability to build a membership base. Security concerns also figured prominently.
  • Do Not Touch” signs in art exhibitions. Of the 15 responding museums that offered limited free admission days or hours, more than half reported a significant difference in visitor demographics: seniors, large family groups, school groups, disabled persons and drug or alcohol recovery groups were most likely to attend at these times. Museums in Seattle, Scottsdale, San Diego and the San Francisco Bay area all reported an increase in student visitors on free admission days. Sue Cake, a longtime docent at the Oakland Museum of California, observed that free admission days enabled teachers to assign a museum visit as part of a class lesson, likely a factor for increased student visitation at many museums.
  • can discount or waive admission fees on a case-by-case basis. “The experience should have value like a movie, going out to eat, a concert or any other leisure-time activity,” said Deputy Director Amy Oppio. “It is . . . important for guests to believe in supporting the organization and its mission.” 
  • Not all respondents shared Oppio’s view. One of the survey questions asked about the ideal admission fee structure. Of the 24 museums that responded to this question, 30 percent said that free admission is the way to go. Midge Bowman, executive director of the Frye Art Museum, responded that art museums “should be free as public libraries are. Without this open admission, they remain elitist institutions.”
  • ents we write and the act of imposing an entry fee,” she wrote. “Museums, if they remain oriented toward their paying customers will not . . . feel motivated to become essential elements within the community and an important educational resource for all individuals wishing to learn.”
smithwarner277

writemyassignment - 5 views

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