Ralph J. Stolle Countryside YMCA
Friday, September 10, 2010
Ralph J. Stolle Countryside YMCA

Endowment

  
 
Perpetuating Important Values

Endowment

In a world in which so much comes and goes so quickly, the YMCA lasts. It is stable, values-based, professionally managed, in touch with public sentiment, and capable of meeting the changing conditions and needs of the future.

 

The Countryside YMCA is a gift that we have received (it was already here before some of us were born). It is a gift that we should give to future generations.

Many friends of the YMCA are helping to extend its influence beyond their own lifetimes with gifts from parts of their assets they have accumulated to the YMCA’s permanent endowment. Such gifts can be directed to support the overall work of the YMCA or can be designated to support a specific YMCA program or initiative.

The nation’s tax laws provide incentives that encourage philanthropy, in recognition of the singular role charitable organizations (including the YMCA) play in meeting important needs in our society. Depending on the specific arrangement, you can expect some or all of the following benefits of a well-designed gift to the YMCA’s endowment:

  • Income tax savings through the charitable deduction for the value of the gift
  • Avoidance of the capital-gains tax on contributions of certain kinds of property that have increased in value over time
  • Income for life, for a donor and/or other beneficiaries
  • The possibility of increased spendable income with certain arrangements
  • Elimination of federal estate tax on the value of a gift passing to the YMCA upon the donor’s death
  • Reduced estate settlement costs

When the YMCA is aware of your financial as well as philanthropic objectives, we can help formulate a plan that takes full advantage of the available tax benefits while at the same time fulfilling your desire to benefit future generations of children and families through the YMCA.

The YMCA welcomes the opportunity to confidentially discuss one or more of these options with prospective donors.

Let us know if you have included this YMCA in your long range plans so we can include you in our Heritage Club program.  Click here to view our Heritage Club Members.
 
Please contact Debra Phillips, our Executive Director of Financial Development at (513) 932-1424 x115 or debraphi@countrysideymca.org