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YMCA of the Suncoast Heritage Club

Together, we can build stronger, more inclusive communities, provide support for families and promote positive change overall. You can impact generations to come by becoming a member of the Heritage Club.

Since the Young Men's Christian Association of the Suncoast, Inc. (DBA YMCA of the Suncoast) was founded in our community in 1957​ thousands of our neighbors and friends have personally benefited from the Y's commitment to strengthening community.

The YMCA board of directors has created an endowment fund and Heritage Club honoring those who have made a commitment to provide for the future of our YMCA through their estate plans.

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 our community for generations to come.

Frequently Asked Questions Related to Our Heritage Club
How can I or our family become a member of the Heritage Club? Anyone who provides a letter of intent, indicating that the YMCA of the Suncoast is a beneficiary of their estate plan, or creates a planned gift as a result of their estate planning can be a member.

Can I designate my gift for a specific purpose? Many donors choose to leave their gift unrestricted to allow the Y governing board to direct the earnings where the need is greatest. However, the YMCA of the Suncoast 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.

What types of gifts could I give? We know that members of the Heritage Club choose to give to perpetuate their values and that their gifts say something about who they are and how they want to be remembered. Therefore, options are available to meet individual circumstances. The majority of gifts are received in these forms:

  • Planned gifts including:
    • Bequests through wills
    • Naming the Y as a beneficiary of retirement plans
    • Naming the Y as a beneficiary of insurance policies
    • Living trusts
    • Charitable trusts

What is the proper wording I should use to assure my gift is designated as I wish? Here is an example of wording you could use: "I give to Young Men's Christian Association of the Suncoast, Inc., a 501(c)(3) corporation, incorporated in Florida the sum of $______ (or ______ percent of the remainder of my estate) to be deposited in the YMCA's endowment fund. The income shall be used to benefit said YMCA in such manner as the board of directors thereof may direct."

Whom do I call with questions?
Teresa Hibbard, CFRE
Vice President/Chief Philanthropy Officer
(727) 467-9622, ext. 1589

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 Heritage Club member by contacting us.

We hope you will give serious consideration to joining our Heritage Club and helping to ensure that the Y will continue to make a strong impact in the lives of community members for generations to come.

eBrochure Request Form

Please provide the following information to view the brochure.

A charitable bequest is one or two sentences in your will or living trust that leave to YMCA of the Suncoast a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I, [name], of [city, state ZIP], give, devise and bequeath to YMCA of the Suncoast [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to the Y or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to the Y as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to the Y as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and the Y where you agree to make a gift to the Y and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.