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, 200 Cummings Center Attn: Financial Development, Suite 173 D 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. Click here for more information.
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.
A gift means a great deal to us as it allows the YMCA to do great things for our youth and our community. If you are passionate about the work we do and you want to change lives by ensuring that everyone—regardless of age, income, or background—has the opportunity to learn, grow, and thrive, then putting the Y into your estate plans is a simple way to secure the future strength of our community.
We can work with you to develop the right plan that balances what you wish to accomplish for yourself, your family, and your philanthropic interests. No matter the size, your gift today will ensure a better future for tomorrow’s kids, families, and communities.
If you have already included the YMCA in your estate plans, we would like to welcome you to the Triangle Society (more information below) and recognize your extraordinary commitment to the YMCA. It’s important to be able to fulfill your wishes, so please contact us or complete the Bequest Intention Form.
For more information about planned giving or to have a confidential conversation, please contact Marge Cregg, firstname.lastname@example.org.