LEGACY GIFTS
CREATE A MEANINGFUL LEGACY
JOIN THE Y HERITAGE CLUB
The Manitowoc-Two Rivers YMCA Heritage Club Members are friends of the Y who are committed to preserving the heritage of the Y for years to come. Through their generous contributions to our YMCA's Endowment Fund, these people have given the Y the means to maintain long-term financial stability, which ensures that our Y will be here for generations to come.
The Manitowoc-Two Rivers YMCA Endowment Fund is an independent, supporting organization of the Manitowoc-Two Rivers YMCA managed by its own Board of Directors, beholden to investment and funding policies designed to ensure prudent oversight and allocation of funds. Heritage Club Donors can be confident that their contributions are invested wisely and allocated strictly according to the Endowment Policies.
Becoming a member of the Heritage Club 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 Y.
There are many ways to make a significant impact on the Y's future:
CASH: Make an immediate donation and receive a charitable deduction as provided by law.
WILLS: Include the Manitowoc-Two Rivers YMCA Endowment Fund 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 Manitowoc-Two Rivers YMCA Endowment Fund 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 Manitowoc-Two Rivers YMCA Endowment Fund 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 to charity, plus a lifetime payment stream.
Planned gifts may be directed to the Manitowoc-Two Rivers YMCA Endowment Fund. The Manitowoc-Two Rivers YMCA Endowment Fund is a 501(c)3 nonprofit organization and your gift is tax deductible. All contributions to the fund stay local.
The Y recommends that donors seek the advice of their legal and/or financial advisors when deciding upon a planned gift.
Making a planned gift to the Y offers a flexible and simple way to combine philanthropy with 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.
Your legacy gift will ensure a thriving Y for generations to come.
Thank you for considering the Y as part of your legacy giving.
To set up your Legacy Gift, contact:
Stephanie Peters
Director of Community Engagement
920.482.1521
EMAIL STEPHANIE