The Central Connecticut Coast YMCA Heritage Club honors those who have made a commitment to provide for the future of your YMCA. Heritage Club members, by their current or planned gift, ensure that the values of caring, honesty, respect, and responsibility endure and that Y programs will positively impact your community for generations to come.
FREQUENTLY ASKED QUESTIONS
How can I, or my family, become a member of the Central Connecticut Coast YMCA Heritage Club? Any donor who gives a meaningful gift to the YMCA endowment fund or has notified us of a gift in their estate plans is considered a member.
How will my membership in the Heritage Club make a difference? The Y endowment fund is a segregated fund where the principal of donor-designated gifts is held into perpetuity. The endowment fund is invested and the Y uses only the return on investment to help meet the needs of the communities we serve.
Can I designate my gift for a specific purpose? Many donors choose to leave their gift unrestricted to allow the Y Board of Directors to direct the earnings where the need is greatest. However, the Central Connecticut Coast YMCA has specific options to which you can designate your funds: (1) undesignated for highest needs at the time, (2) for use at a specific branch, (3) for facility improvements, and (4) for high-priority programs identified by the Board of Directors. There are minimum giving requirements on restricted gifts and named funds. Contact the Y to discuss in greater detail.
What types of gifts could I give? We know that you choose to give to perpetuate your values and that your gifts say something about who you are and how you want to be remembered. Therefore, options are available to meet individual circumstances. A Gift Acceptance Policy outlines opportunities and requirements for various giving vehicles. Schedule a time to meet with the Y to discuss the legacy you envision leaving at the Y. The majority of gifts are received in these forms:
Current gifts of cash or cash equivalents
Planned gifts including:
Bequests through wills and estate plans
Naming the Y as a beneficiary of retirement plans
Naming the Y as a beneficiary of insurance policies
Charitable gift annuity
Pooled income funds, retained life estate and other gift vehicles
Tangible personal property
What is the proper wording I should use when documenting my legacy at the Y? Here is an example of wording you could use: “I hereby give and bequeath $___ from my estate to the Central Connecticut Coast YMCA, a Connecticut not-for-profit corporation, tax identification #060662195, for its general purposes.” Additional wording recommendations are available in the CCCY Gift Acceptance Policy.
Whom do I call with questions? For other designations or questions about the Central Connecticut Coast YMCA Heritage Club P 203 777 9622 E firstname.lastname@example.org.
Also, please let us know if you have already made a provision for the Y in your estate plans and would like to be recognized as a Central Connecticut Coast YMCA Heritage Club member by contacting us.
Join the Central Connecticut Coast YMCA Heritage Club and help ensure that the Y will continue to make a strong impact in the lives of community members for generations to come.