Special Notes for End-of-Year Giving
The Wabash Valley Community Foundation has provided THCM a challenge grant to assist us in raising funds in support of recovering from the financial losses brought about by the COVID-19 pandemic. The Community Foundation will provide $1 for every $2 that is raised by the Children's Museum between November 19, 2020 and January 31, 2021, up to a total match of $70,000.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed on March 27, 2020 to help taxpayers, businesses, and nonprofits in the wake of the pandemic and subsequent economic downturn. A reduction in taxable income is available in 2020 for donors who do not itemize their deductions, i.e., an "above-the-line" adjustment to income that will reduce a donor's Adjusted Gross Income (AGI) and consequently taxable income. The adjustment is available for cash gifts up to $300 per taxpayer or $600 for a married couple.
The Museum's address is