Endowments/Planned Giving
Would you like to honor a friend or a loved one? Would you like your family name to live on in perpetuity? Would you like to give more than you can currently afford? YMCA Endowment Funds are a gift to create an everlasting family legacy for future generations. A gift through planned giving can be an ideal way to realize your larger charitable objectives. Endowments and Planned Giving ensure the continued service of our YMCA.
How Donations are Used
Endowment Funds provide a stable source of income to ensure that the YMCA continues its mission for future generations. Proceeds from the principal can be unrestricted in use or designated for a specific purpose or to an individual branch. These funds pay out interest every year, in both good and difficult times. All YMCA Endowment investments are carefully managed by professional investment advisors under the direction of the Board of Trustees.
Endowments Are Used To:
- Enhance current programs
- Provide financial assistance for programs and/or member fees
- Begin new programs
- Improve or maintain YMCA branches
Opportunities to Give
Every gift makes a difference and is 100% Tax Deductible. Those interested in giving or looking for additional information should contact Tami Sender, President/CEO at 815-729-9638 X311 or sender@jolietymca.org.
Endowments ($10,000 or more for new)
Establishment of a new endowment begins with a minimum gift of $10,000. Donations of lesser amounts can be added to an existing endowment. Endowment Fund Donors are recognized as members of the Heritage Club. Unless anonymity is desired, Heritage Club member’s names are recognized prominently in the Annual Report, on the books and records of the YMCA and are permanently acknowledged on the donor wall in the YMCA lobbies.
Outright Gifts (any amount)
A direct gift of cash, stocks, appreciated securities or real estate properties may be the most convenient way to contribute.
Bequests (any amount)
A gift to the YMCA identified in your will allows you to retain all your assets during your lifetime and/or the lifetime of your spouse.
Life Insurance (any amount)
When the added protection of an insurance policy is no longer needed, transferring the policy’s ownership or purchasing a policy with the YMCA as beneficiary may be an affordable option.
Charitable Trusts (any amount)
Establish a charitable trust and/or annuity with income or principle designated to the YMCA.
