advertisement

Yazzy's at Verdult Worthy Non-Profits

About the Program     Signup     Non-Profits     Advisers

 

Worthy Non-Profit Recipients Participating in Program

Yazzy’s Fine Art Charitable Donation Program will match you with concerned donors who are art lovers and investors who want to support you by donating high value works of art to your organization. After its use, if you chose to, our organization will help you convert the art to cash through its art auction program. We have conducted over 5,000 auctions, and after the required holding period, would commit to auctioning off your donated asset.

  • In order to qualify your organization must:

- Be Tax exempt 501 3 (c) or a similar such organization
- Agree to use the art in conjunction with your organization’s mission and purpose
- Agree not to sell or dispose of the art for three years
- Agree to complete the appropriate gifting paperwork – Form 8283
- Agree to exhibit the art where the public or those persons served by the organization can easily see the art.

  • Who is the artist and what is the value of the artwork?

- The donated art value ranges from $20,000 to $49,000.
- The artist is William Verdult - a listed American artist.
- We are looking for a few select organizations across the country to work with to place donations.
- We would be looking for the organization to put the artwork to use in conjunction with their mission; and agree to maintain the artwork for three years as required by the Code.

  • Who are the donors?

Art lovers and or investors who have acquired high value artwork, who want to maximize their investment by securing the appropriate and legitimate tax write-off while doing good in communities across the country and elsewhere.

  • Who appraises the art?

Appraisals are conducted by Mr. Ed Okil,  Executive Director of the National Institute of Appraisers. Mr. Okil is a certified and highly qualified appraiser who has considerable experience in conducting appraisals in accordance with IRS tax codes.

  • Who are we?

We are a for profit corporation that has conducted over 5,000 auctions of art work by William Verdult. In the past we have given to the Jackie Joyner Kersey Foundation and found the experience to be rewarding.

We have a number of art lovers and investors who have acquired art from us and either the donor or their accountant and or investment advisor have approached our Corporation about making a donation or gifting one of their paintings to a worthy cause.

We are headquartered in Charlotte, NC and have sold originals and lithographs to art lovers in most states and Canada.

If you want to particpate in our tax Advantage program as a receiver of art, complete the form below:

This form does not yet contain any fields.