YMCA of Delaware Heritage Society

You can become a member of the YMCA of Delaware Heritage Society with a gift of any type to our endowment!

You can create an endowed fund to benefit the children, families and communities that use the YMCA of Delaware or any of our nine branches for generations to come. Your gift will help maintain our character values of caring, honesty, respect and responsibility in all our communities. There are many tax-wise options in creating a planned gift:

  • Outright Gifts - A donation of appreciated securities, real estate, cash or other assets can result in decreased income tax and capital gains and other benefits. Many securities may be transferred directly to the YMCA of Delaware's brokerage account with Merrill Lynch: DTC transfer number 5198, YMCA of Delaware account #753-04270. For more information about making a gift of securities or other assets, please contact the YMCA of Delaware at 302-571-6908.
  • Living Trusts or Donor Advised Funds - You can place assets in a trust or with an organization like the Delaware Community Foundation. You can retain the right to designate gifts from the trust or fund, and the donation can result in decreases in income and estate taxes, and other benefits.
  • Life Insurance - You can make a gift of an old or new life insurance policy to benefit the YMCA of Delaware, and may save income taxes and estate taxes.
  • Bequests in a Will - You can designate a portion of your estate, or particular assets for a gift. You can receive an estate tax deduction while providing for your family's needs.
  • Retirement Plan Gift - You can name the YMCA as a remainder beneficiary of your retirement plan. You may avoid income tax on the plan and your estate, and estate taxes. Rather than your beneficiaries receiving a small percentage of these assets, the YMCA as a nonprofit will receive 100% of the assets.
  • Charitable Reminder Trusts - You can create trusts that provide income for you and your family during your lifetime and then direct that the YMCA receive the remainder upon your death. You may avoid income, capital gains and estate taxes, and still receive income during your life.

Every donor's situation is different. To find out about specific benefits to you of certain types of gifts, you should consult an attorney or other tax professional.

Creating an estate plan assures that your state of residence will not make decisions for you regarding disposition of your assets. Without a will or other estate plan, the gifts you want to make at your death to your heirs and charities may not happen. In addition, without a plan, your estate may have to pay additional taxes or fees - decreasing the gifts you intended to make.

For more information, please contact the YMCA of Delaware Association Office at 302-571-6998.