YMCA Endowment Fund
The YMCA Endowment Fund provides a secure, stable foundation upon which the YMCA can build its future. Gifts to the Fund are invested, allowing the YMCA to use the interest to support critical programs that require contributions to survive. Gifts can be made to the Endowment Fund in any amount or at any time.
Planned giving opportunities include:
Immediate gifts of cash, appreciated securities, real or tangible property are welcome additions to the Y Endowment.
WILLS AND REVOCABLE LIVING TRUSTS
A gift to the Y by will or living trust permitsyou to retain all your assets during your life. Designations may be for a percentage of your
estate, a specified amount or for the residue of your estate.
Charitable trusts can provide life income to you and/or a loved one. After your lifetime(s), the trust principal passes to the Y Endowment. You
may name other charities as principal recipients as well.
Contribute appreciated assets, such as stock, real estate or personal property to the Y and receive a charitable deduction equal to the current value of the assets without capital gains tax.
Purchase a life insurance policy naming the Y 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.
You may add the Y as a revocable beneficiary of your qualified IRA, pension plan, bank account or insurance policy.
To find out more, please contact Heidi Hoeft, Financial Development Director, at 262-567-7252.
Ensuring a Healthy Spirit
The Glacial Community YMCA offers staff, members and community participants the opportunity to renew and refresh their spirit in many ways, including Bible studies, devotion times, community events, prayer, clergy networking and encouragement groups, clergy discounts and a variety of visual reminders throughout our facilities.
With a dedicated full-time pastor on staff to help coordinate events, we offer opportunities of service and provide prayer and encouragement to more than 300 individuals each month. We are committed to honoring our rich Christian heritage and mission and are one of only a few Ys across the country to have a pastor on staff.
Currently, the Spiritual Development Director position is funded through the Annual Campaign, however there are two primary reasons for the Y to endow the position.
- It will ensure our ability to provide consistent spiritual care to our community in perpetuity, regardless of staff and leadership changes.
- It will allow the operating budget of the Y to expand program funding directed by the Spiritual Development Director position. Programs include Christian-based programming for staff and members, as well as mission work in the United States and internationally.
A total of $1.5 million is needed to fund the Spiritual Development Endowment with an annual goal of 5% earnings.
- The YMCA at Pabst Farms Endowment Trustees have designated $430,000 of unrestricted funds from the current Endowmentto establish the Spiritual Development Director Endowment.
- Additional gifts of $320,000 have been donated from the following supporters: Anonymous, Patricia and Gordon Pierce, Bob and Diana Schowalter, Shorewest Realtors in honor of: Mary Steinke, the Shanks Family, Grace and Truth Bible Church.
For more information, contact:
Heidi Hoeft, Financial Development Director, 262-567-7253.