Planned Giving

 

TYPES OF GIFTS

There are several ways to include the Y as part of your financial and estate planning. Tax benefits can include an immediate charitable deduction; avoidance of capital gains tax; reduction of estate taxes, and others. As with all tax matters, please consult with your attorney and tax advisor for information specific to your situation.

OUTRIGHT GIFTS

Immediate gifts of cash, appreciated securities, real or tangible property are welcome additions to the YMCA Endowment Fund.  

WILLS AND REVOCABLE LIVING TRUSTS

A gift to the YMCA by will or living trust permits you 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.

LIFE INSURANCE

When the added protection of an insurance policy is no longer needed, transferring the policy’s ownership to the YMCA can result in tax benefits for you and a generous gift to the YMCA.  

CHARITABLE LEAD TRUSTS

If you desire to retain ownership of the trust principal to meet future financial goals for your family, but have ample income now, a charitable lead trust directs income from the trust to the YMCA Endowment Fund for the specified terms of the trust. After that period of time, the principal returns to you or your designee. 

BENEFICIARY DESIGNATIONS

You may add the YMCA as a revocable beneficiary of your qualified IRA, pension plan, bank account or insurance policy.

How do I get started?

Please join the YMCA family of donors! To get started, please contact our CEO, Carla Teslicka.  She can be reached via telephone at 309-833-2129 and via email at cteslicka@macombymca.org