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In a world that changes so rapidly, the Y has been at the heart of communities for generations. The Y is a reliable, professionally managed organization guided by four core values: caring, honesty, respect, and responsibility. Led by local volunteers, the Y is in touch with our community’s changing needs. A healthy Y capable of making a significant impact in the community is a gift we have received from prior generations. It is a gift we should pass along, in a stronger position, to future generations.
When you give to the Y, your gift will have a meaningful, enduring impact right in your own neighborhood.
Depending on the type of gift and specific arrangements, donors to the YMCA endowment fund can expect some or all of these benefits:
Individuals who have made a meaningful gift to the YMCA endowment fund are recognized for their generosity and become members of the Heritage Society. Becoming a member of the Heritage Society requires a commitment, which now, or in the future, will add to the YMCA's Endowment Fund.
Planned giving opportunities to qualify for Heritage Society membership include:
Make an immediate donation and take a charitable deduction as provided by law.
Include the YMCA in a will and reduce estate taxes. Fixed amounts, specific assets or percentages of the estate may be specified. Another option is to name the YMCA as the recipient of the remainder of an estate, after all other expenses and specified contributions.
Contribute appreciated assets, such as stock, real estate or personal property to the YMCA and receive a charitable deduction equal to the current value of the assets without capital gains tax
Purchase a life insurance policy naming the YMCA as the beneficiary, and take a charitable deduction equal to the premium amount. Several plans are available in which a new policy can be fully paid in a period of five to seven years.
Establish a Charitable Remainder Trust and you receive an immediate, federal income tax deduction for the present value of the assets expected to pass to charity, plus a lifetime payment stream.