Endowment Fund & Heritage Club
The Endowment Fund
When you give to the YMCA General Endowment Fund, your support continues to impact lives long after your gift is made. A percentage of the investment income from the Endowment Fund is used to help sustain our commitment to health and wellness by supplementing the Y’s projects, programs, and services.
Many friends of the YMCA choose to help extend the Y's influence beyond their own lifetimes by making gifts to the Y's permanent Endowment Fund. You can direct such gifts to support the overall work of the YMCA or designate them to support a specific program area.
The Heritage Club
This group is compromised of individuals, couples, and families who have made an outright or planned gift to the Monroe County YMCA's Endowment Fund in one of the following ways:
- Making an outright gift of $10,000 or more in the form of cash, securities, property, or other marketable assets
- Making a pledge of $10,000 or more over ten years
- Naming the YMCA's Endowment Fund as full or partial beneficiary of a bequest in a will or living trust
- Naming the YMCA's Endowment Fund as full or partial beneficiary of an annuity or donor-advised fund
- Creating a charitable remainder trust or life estate gift
- Naming the YMCA's Endowment Fund as primary or secondary beneficiary of a new or existing life insurance policy or retirement plan
Thoughts from a Donor
"My wife and I decided we would like to participate in the continuation of the YMCA Cardiac Rehab program by setting up our endowment fund. I would like to see that program continue well into the future and be available for everyone who needs it."
June and Jules Sonneborn
Leave a Legacy
Special Gift Funds
Naming an endowment fund at the YMCA is easy–you can decide to make an outright gift or build the fund over time. As with all endowments, it is a permanent fund set aside for a special purpose: it creates an opportunity to provide support for a YMCA program or service that is meaningful to you and your family. Since the principal is never invaded, the fund becomes a growing, perpetual source of income for the program you have chosen to support.
To find out more, contact Matt Osgood at (812) 961-2169 or email@example.com.
- Jonah Binkley Memorial Fund
Provides Summer Camp scholarships for teens
- Ginger Rink Youth Fund
Provides program enhancement and scholarship opportunities within our youth department
- Sonneborn Hearteam Fund
Provides scholarships and equipment for the Cardiac Rehab program
- Marlene Vass Youth Fund
Provides scholarships for Camp Arrowhead and financial support toward health initiatives for youth
- Craig Burk Memorial Fund
Provides scholarships for youth interested in Strength Training Programs
- Tom & Deb Porter Aquatics Fund
Supports the work of the Aquatics Department, which offers a lifetime of healthy, fun activities to members through water exercise, swim and safety lessons, and family recreation
- Leon & Thelma Thompson Fund
Provides programs and needed equipment for the Prime Time Fitness programs
- Wayne Nichols Youth Scholarship Fund
In memory of Joanne "Ruff" Hufnagel; provides youth scholarships to children based on potential for athletic and academic achievement
- Ruth Clifford Engs & Jeffrey L. Franz Fit for Life Fund
Provides funds for the Fit for Life Program, focused on creating a supportive environment to improve personal health and establish healthy behavior
How to Give
How to Give
You can make a gift today to any of our endowment funds, including the YMCA Endowment Fund or one of the Special Gift Funds listed below.
- Online Giving: Click our "Donate" button found at the very top right of our webpage.
- Giving via Mail: Complete this form and send a check to Matt Osgood, Monroe County YMCA, 2125 Highland Ave., Bloomington IN 47403
- Face-to-Face Gifts: To set an appointment, please call Matt Osgood at (812) 961-2169.
In recognition of the singular role that charitable organizations, such as the YMCA, play in meeting important needs in our society, the nation's tax laws provide incentives that encourage philanthropy.
Depending on the type of gift and specific arrangements, donors to the YMCA Endowment Fund can expect some or all of these benefits:
- Income tax savings through a tax deduction for the value of the charitable gift
- Avoidance of capital gains tax by contributing certain kinds of property that increase in value over time
- Income for the lifetime of a donor and/or other beneficiaries
- Elimination of federal estate tax on the value of a gift passed to the YMCA upon the donor's death
- Reduced estate settlement costs