GIVING IS UNIQUELY REWARDING. GIVING IS AS INDIVIDUAL AS YOU.
Although well known for health, child care, camping, and youth sports, the depth of other YMCA mission-driven programs is often less recognized. Those seeking to have an impact on diverse communities will find resonance with the Y’s breadth of programs and services. As a charitable, nonprofit organization, the YMCA uses contributions to meet the ever-changing needs of under-served people of all ages, religions, ethnicities, and backgrounds. If you’re inspired by a specific interest, your gift may be designated to support life-changing initiatives that address that need. You may also endow specific centers, projects or the general endowment fund.
The determination to make a charitable gift is an expression of cherished values and priorities. The YMCA recognizes that no two donors and no two gifts are alike in their aspirations and motivations. Through a deliberate and thoughtful process, YMCA professionals will work with you and/or your advisers to create a giving opportunity that speaks to you and your family’s unique desires.
The YMCA takes seriously the trust our donors place in us. Gifts to the Endowment Fund are kept in perpetuity and invested to generate income that is used to further the work of the YMCA. How a particular donor chooses to make a gift varies; whether an immediate or planned gift, all that is necessary is a commitment to benefit the YMCA’s Endowment. To ensure your gift is in keeping with your estate and financial needs, the YMCA encourages donors to discuss contributions with their family legal and/or financial advisers. To learn more about these exciting donation opportunities, contact the MDI YMCA's Executive Director at ; by phone at 207-288-3511; or by mail at 21 Park Street, Bar Harbor, ME 04609.
Immediate gifts of cash, appreciated securities, real or tangible property are welcome additions to the YMCA Endowment Fund.
WILLS AND REVOCABLE LIVING TRUSTS
A gift to the YMCA by will or living trust permits you to retain all your assets during your life. Designations may be for a percentage of your estate, a specified amount, or for the residue of you estate.
Charitable trusts can provide income to you/and or a loved one. After your lifetime(s), the trust principle passes to the YMCA Endowment Fund. You may name other charities as principle recipients as well.
When the added protection of an insurance policy is no longer needed, transferring the policy’s ownership to the YMCA can result in tax benefits to you and a generous gift to the YMCA.
CHARITABLE LEAD TRUSTS
If you desire to retain ownership of the trust principal to meet future financial goals for your family, but have ample income now, a charitable lead trust directs income from the trust to the YMCA Endowment Foundation for the specified terms of the trust. After that period of time, the principal returns to you or your designee.
A contribution to the YMCA’s Pooled Income Fund can accomplish the same preservation of life income to you and/or a loved one, without the expense of maintaining a separate trust, by pooling assets with other donors.
You may add the YMCA as a revocable beneficiary of your qualified IRA, pension plan, bank account or insurance policy.
DESIGNATE YOUR DONATAIONS
However you make your donation to the Y, you have the power to designate where the money is used. If there is no designation, the donated monies is funneled to the programs with the most immediate needs.
Become part of the MDI YMCA's Heritage Society! Those who are a part of the Y's Heritage Society have decided that they want to help keep the Y going even after they themselves have passed on. Click above to learn more about this exciting opportunity to help future generations of islanders thrive with the Y.