There are several memorial awards that have already been established and you may designate that your gift be restricted to one of these awards. See Awards - Who We Honor under the Exhibitions tab of this website for more information about the specific designated restricted funds for Exhibition Awards.
If you would like to discuss remembering Florida Watercolor Society in your estate plan or to establish a new memorial award, please contact us at info@floridawatercolorsociety and we will be in contact with you shortly. NOTE: If you are age 73 or older, IRS rules require you to take required minimum distributions (RMDs) each year from your tax-deferred retirement accounts. A qualified charitable distribution (QCD) is a direct transfer of funds from your IRA, payable directly to a qualified charity. The QCD is excluded from your taxable income.