Giving

Charitable donations to the YMCA make a positive and profound impact to many individuals and families in our community. It is through these donations that we are able to continue to offer our services to many who face a variety of financial hardships.

There are a variety of methods to add your support to the Channel Islands YMCA. Gifts may be directed to benefit the overall work of the Channel Islands YMCA, or can be designated to support a particular branch or program.

To best determine how to make your gift most beneficial for the Channel Islands YMCA and your personal finances please speak to your financial or tax advisor.

The Channel Islands YMCA is a tax-exempt organization under Section 501© (3) of the Internal Revenue Code. All donations are tax-deductible to the extent allowable by law.

DONOR RECOGNITION

The Chairman’s Roundtable is a distinguished group of financial supporters of the Channel Islands YMCA.  This group is comprised of individuals, companies and organizations that have recognized the value of the services and programs offered by the Channel Islands YMCA and have pledged their financial support at a, annual level of $1000 or more.

The Heritage Club is a group of caring individuals who want future generations to benefit from the programs and services of the Channel Islands YMCA. These people have pledged their support to the YMCA and have named the YMCA as a beneficiary in their wills or estate plans.

Annual Report

2006/2007 Annual Report

2006/2007 990

DONATION METHODS

Gifts of Stock
Gifts of stocks may be made through the actual giving of stock certificates or electronically through your broker to ours.

To transfer stock please contact:
Carl Lindros
Santa Barbara Securities
200 East Carrillo Avenue,
Santa Barbara, CA 93101
(805) 966-1793
Electronic Transfer DTC #226
YMCA Account Number: SB1951013
YMCA Federal Tax ID Number: 95-1643379

Outright Gifts
Gifts of cash or marketable assets to the YMCA Endowment Fund can offer substantial tax savings for donors, while helping to secure YMCA services for generations to come. Gifts of appreciated stock allow donors to maximize the value of their charitable gifts, while conserving cash for other uses.

Charitable Bequests
A bequest can be an excellent way to make a gift to the YMCA. It allows donors to specify the portion of their estate they would like the YMCA to receive, while ensuring that adequate funds are available during life to cover both expected and unexpected expenses such as taxes or family needs. Bequests constitute the primary source of endowment funds at the YMCA and are critical to its continuing strength.

Charitable Remainder Trusts
establishing a charitable life income trust with the YMCA enables a donor to make a significant gift to the YMCA and also provide income to individual beneficiaries. To qualify for a charitable income tax deduction, a charitable remainder trust must be in the form of an annuity trust or a uni-trust. A minimum gift of $25,000 and minimum age of 50 for a beneficiary is required.

Charitable Lead Trusts
establishing a lead trust at the YMCA enables a donor to transfer assets to family members at a reduced gift tax cost, while making meaningful gifts to the YMCA.

Revocable Life Income Trusts
A donor who would like to make a substantial gift, but who cannot make an irrevocable commitment at the time, might consider creating a revocable life income trust. This will provide income to the donor for life, but can be revoked if an unforeseeable emergency should occur. If the trust is not revoked, the trust property will later go to the YMCA.

Pooled Income Fund Gifts
A pooled income fund allows a donor to contribute cash or marketable securities to the YMCA and receive an immediate income tax deduction, along with income for life and/or the lifetime of designated beneficiaries. A minimum gift of $25,000 and minimum age of 50 for a beneficiary is required.

Charitable Gift Annuities
A donor may make a gift to the YMCA and receive fixed and guaranteed annuity payments for his /her life and for the life of a second person, if desired. A portion of the income will be free from federal income tax, and payments can be deferred to coincide with plans such as retirement or a child's college education.

Gifts of Life Insurance and Retirement Plan Assets
Donors can name the YMCA as a beneficiary of a new or existing life insurance policy and gain substantial tax benefits in the year of their gift and future years as well. The YMCA may also be named as the residual beneficiary of a company pension of profit-sharing plan, or of a private fund such as an IRA, Keough or tax-sheltered annuity.

Gifts of Real Estate
Significant tax benefits may be realized in contributions of real estate. In addition to receiving a charitable deduction for the full fair market value of the gift, the donor is exempt from any potential tax on the capital gain of real estate held longer than one year. A "life estate arrangement" allows a donor to make a gift of residence, while retaining the right to occupy the property and even receive any income it generates.

Branches

Please refer to your local YMCA for specific giving information

CORPORATE

Please contact our Corporate Office for general giving information

Serena Kelsch
Financial Development Director
(805) 569-1103 x21
Serena.Kelsch@ciymca.org

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