YMCA Endowment Fund
Today’s Commitment, Tomorrow’s Promise
When you give to the Y, you strengthen our community. As the nation’s leading nonprofit for youth development, healthy living and social responsibility, the Y uses your gift to make a meaningful, enduring impact right in your own neighborhood.
We recognize that everyone must be given the opportunity to be healthy, confident, connected and feel secure in their future well-being and that of their children. With a planned gift to the Y, together we will give everyone an opportunity to learn, grow and thrive – today and tomorrow.
Investing in the Future of Your Community
You have a variety of opportunities to make a commitment to the YMCA Endowment Fund. However, we encourage you to consult your personal tax or financial advisor to determine what is best for you. The following information on planned giving is intended to provide you with options:
Outright Gift or Memorial
Make an immediate donation and take a charitable deduction as provided by law. Your gift may even be given in honor and memory of a loved one, which will be recognized on our memorial wall at the Y.
Bequest in Will
Include the Altru Family 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 recipient of the remainder of an estate after bequests to loved ones have been honored.
Gifts of appreciated securities allow a charitable income tax deduction and capital gains tax savings. To afford the donor tax benefits for both a capital loss and the charitable gift, depreciated securities may be best sold and the cash proceeds given to the YMCA.
Not all life insurance coverage may be needed for the reason it was initially purchased. Making a gift of a life insurance policy may allow a sizable gift to the YMCA with minimal cost.
Trusts come in a variety of forms to meet almost any need. Charitable remainder trusts created during a lifetime produce the most dramatic tax and financial rewards. Trusts may be created to retain income for life or a set term.
Careful planning is needed for distributing your retirement plan assets. These types of holdings can be subject to as many as three separate taxes when left to heirs. You may wish to give the tax burdensome assets to the YMCA, while providing loved ones with more tax advantageous assets, such as stocks.
A charitable gift of real property is accorded special tax incentives. Real estate gifts may be attractive regardless of whether the property value has increased or decreased.
With your commitment to the YMCA Endowment Fund, your long-term support will fulfill a promise to youth for generations. All donors who state in writing that they planned a gift to the YMCA, become members of the YMCA Heritage Club.
The YMCA Heritage Club emblem is a symbol of faith in the YMCA to continue to move people forward in our community now and in the future. It stands for the foresight of its members who have felt and seen, in their time, the meaningful impact the Y has on nurturing the potential of youth and teens, improving individuals health and well-being, and supporting your neighbors.
For More Information:
For more information on becoming a Heritage Club Member through a planned gift to the YMCA Endowment Fund, please contact Debbie Thompson, YMCA President/CEO or Jim Hansen, YMCA Chairman of the Trustees, at 701-775-2586. You may also contact the YMCA via e-mail at firstname.lastname@example.org.