Create a Meaningful Legacy

Join the Founder's Society

The Two Rivers YMCA Founder's Society members are friends of the Y who are committed to preserving the heritage of the Y for years to come. Through their generous contributions, these people have given the Y the means to maintain long-term financial stability, which ensures that our programs, traditions, and mission will continue for future generations. Some make gifts in their lifetime and some make gifts upon their passing, all ensure a bright future.

Becoming a member of the Founder's Society involves a commitment, which now, or in the future, will add to the YMCA's Endowment Fund. The endowment's principal remains intact while the earned income is distributed in full or partial to support the work of the association and the Y branches. A designated planned gift will subsidize and diversify financial resources and help fund the future.

There are many ways to make a significant impact on the Y's future including but not limited to:

  • Cash. Make an immediate donation and receive a charitable deduction as provided by the law.
  • Wills. Include the Two Rivers 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 Y as the recipient of the remainder of an estate after all other expenses and specified contributions.
  • Appreciated Assets. Contribute appreciated assets, such as stock, real estate, or personal property to the Two Rivers YMCA and receive a charitable deduction equal to the current value of the assets without capital gains tax.
  • Existing Life Insurance. Purchase a life insurance policy naming the Two Rivers YMCA as the beneficiary and receive 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.
  • Trusts. Establish a Charitable Remainder Trust and you receive an immediate, federal income tax deduction for the present value of the assets expected to pass a charity, plus a lifetime payment stream.

The Y recommends donors seek the advice of their legal and/or financial advisers when deciding upon a planned gift.

Making a planned gift to the Y offers a flexible and simple way to combine philanthropy and financial planning. In fact, a planned gift may help you give more to the Y than you thought possible, while still providing you or someone you designate with favorable financial and/or tax benefits. Planned gifts to the Y are about planning for the future; your future and the future of children and families. To meet your specific needs, a variety of gift options are available. While each planned gift is different, these gifts can offer significant financial or tax benefits while ensuring that future generations will benefit from Y services.

 

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