ASRM Names New Director of Fundraising and Development
Mar 26, 2021
Origin: ASRM Announcement
First, I would like to extend sincere gratitude to you, our friends and donors, for your continued support of ASRM, especially in the past year, as we have navigated unchartered territory - THANK YOU!
Second, as an invested partner and member of ASRM, I’m excited to share with you, today, that ASRM has named a new Director of Fundraising and Development, Brynne MacCann. Brynne will support all our current donors’ needs while also raising additional funding to support the important work and mission of ASRM. Brynne is committed to delivering an exceptional experience to YOU, our donors. She will work with you to make sure your vision and goals are met through your support and contributions to ASRM.
Brynne comes to ASRM from Southern Research, a Birmingham, AL nonprofit scientific research organization that operates in the fields of drug discovery, development and engineering, energy, and environment sectors.
In addition to her work at Southern Research, Brynne worked with the University of Alabama at Birmingham's (UAB) Advancement team to further explore fundraising collaboration opportunities between UAB and Southern Research. Most recently, she helped organize efforts to expand the UAB Advancement team's plans and strategies to secure more foundation and corporation funding on a national level.
Prior to joining Southern Research and UAB, Brynne worked to raise funds for some of Birmingham’s most beloved institutions including the McWane Science Center, a hands-on science museum and informal STEM (science, technology, engineering, and math) education provider in Alabama, and the Birmingham Museum of Art.
As ASRM's Chief Advocacy, Policy, and Development Officer, I will continue to provide support to ASRM’s philanthropic outreach efforts. I am thrilled to bring Brynne along on the journey to raise critical funding to support our society’s strategic initiatives. We look forward to announcing our plans and areas of fundraising focus in the coming months. In the meantime, please do not hesitate to reach out to Brynne for any immediate needs you have at firstname.lastname@example.org or 205-978-7702.
PS. Keep scrolling to read about important charitable tax benefits for 2021.
Ways to Support the ASRM Mission that Will Benefit YOU as a Donor at the End of the Year
Gifts of Stock and SecuritiesWhen you donate appreciated securities or mutual funds you have held more than one year to ASRM, you can reduce or even eliminate federal capital gains taxes on the transfer. You also may be entitled to a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer. Making a gift of securities offers you the chance to support the mission of ASRM while realizing important benefits for yourself.
Contact Brynne MacCann in the ASRM development office to learn more and for information on how to transfer a gift of stock.*
*We advise you to consult your broker or tax advisor.
How You Benefit
- Avoid paying capital gains tax.
- Receive a charitable income tax deduction.
- Play a role in furthering ASRM’s mission!
Tax Incentives Extended for 2021A couple of key provisions of the CARES (Coronavirus Aid, Relief, and Economic Security) Act were extended into 2021 (and, in one case, increased). Here’s what this means for you in 2021.
- An expansion of the universal charitable deduction for cash gifts.
- The universal charitable deduction has not only been extended but given a well-deserved upgrade. The new deduction is $300 for single filers and $600 for married couples filing jointly. This is available to taxpayers who take the standard deduction. This tax incentive is available for cash gifts to qualified charities, like ASRM.
- An extension of the cap on deductions for cash contributions.
- Contributions to public charities are generally limited to a percentage of a taxpayer’s adjusted gross income (AGI).
- The CARES Act lifted the cap on annual contributions for those who itemize, increasing it from 60% to 100% of AGI for 2020 (and now for 2021). Any excess contributions available can be carried over to the next five years. (For corporations, the law raised the annual limit from 10% to 25% of taxable income.)