Planned Giving

Plan on Being Generous

A healthy Y capable of making a significant impact in the community is a gift we have received from prior generations, and it is a gift we should pass along, in a stronger position, to future generations.

A Planned Gift, one that is thoughtfully planned to create a win-win situation for you and the Y, makes a meaningful, enduring impact right in your own neighborhood. These gifts will be integral to the Y and the community we serve for generations to come.

Planned Gifts benefit both the Y and the donor. In recognition of the singular role that charitable organizations (such as the Y) play in meeting important needs in our society, the nation’s tax laws provide incentives that encourage philanthropic donations. Depending on the type of gift and specific arrangements, donors to the Y 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 have increased in value over time

• Elimination of federal estate tax on the value of a gift passed to the Y upon the donor’s death

• Reduced estate settlement costs

When friends of the Y make us aware of their philanthropic objectives, we work with them and their professional experts to formulate plans that will fulfill their desire to benefit future generations of children and families in our community through the Y. If you have already included the YMCA in your estate plans, we would like 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.

At the Y we know there are various gift plans that friends of the Y employ to meet personal, family, tax, estate, and charitable planning objectives. The Y welcomes the opportunity to confidentially discuss one or more of these options with you. Please contact Sara Pollock DeMedeiros, Director of Development, at sarapd@wsymca.org or 617-244-6050 ex. 3099 to learn more.