WAYS TO GIVE
Every day, the Y gives our communities the support it needs to learn, grow and thrive. From advocacy to food security, disease prevention to athletics, affordable housing to swim lessons… everything the Y does helps strengthen our neighborhoods and the people who live there. Your gift helps the Y deliver lasting personal and social change.
You can choose to support our Y in a number of different ways:
How to Make a Gift
Outright Gifts & Payments on Pledges
Credit Card: You can make a pledge or payment via credit card and you can choose from flexible payment schedules that work for you (monthly, quarterly, semi-annually, annually).
Check: The Y accepts checks or money orders. You can drop your check at your local YMCA facility or mail your check to our central Y Philanthropy Office:
YMCA of the North Shore, 245 Cabot Street, Beverly, MA 01915
Cash: All of our YMCA facilities can accept your cash donation and provide you an immediate receipt of your contribution. The Y Philanthropy Office will follow up with a tax acknowledgement receipt for your cash donation.
Securities Transfer: Stocks, bonds and mutual funds - Our Y welcomes the exchange of securities. You can receive a tax deduction for the market value of the stock or appreciates securities and avoid capital gains tax if applicable. Both of these benefits allow you to make a larger gift than you thought possible without impacting your immediate cash flow. Please notify us of your intent to make a securities transfer.
Wire Transfer: You can conveniently make a transfer of funds into the Y’s account with a wire transfer. Please notify us of your intent to make a wire transfer.
Planned (or deferred) Gifts
LIFE INCOME GIFT: A life income gift, such as a charitable gift annuity or a charitable remainder uni-trust, can provide you and/or your loved ones with an income for the duration of your lives or for a specific number of years. You receive a current income tax deduction as well.
CHARITABLE LEAD TRUST: These trusts can be used to transfer assets to a loved one with a significantly reduced tax liability.
BEQUEST:The most common form of deferred gift to the Y is a bequest contained in a person's will or revocable (living) trust.
GIFTS OF RETIREMENT PLANS: Naming the Y as a primary or contingent beneficiary of a retirement plan (e.g. IRA, SEP, 401(k), 403(b), ESOP, etc.) may enable you to make a larger gift than you anticipated because income and estate taxes are not imposed when plan assets are distributed to the Y. Your retirement account's plan administrator (the company that manages the account) can help you designate the Y as a primary or contingent beneficiary on the plan's beneficiary form.