An endowment gift to the YMCA of the Suncoast today provides a brighter picture for our future. When you make a donation to our endowment, you give a gift with both immediate and long-term benefits.
Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at the Y. The remaining funds are reinvested to ensure indefinite support.
An Example of How It Works
Longtime supporters Susan and Charlie have two goals: First, they want to make sure the Y continues to receive support after they're gone. Second, they want to memorialize Charlie's parents, Mr. and Mrs. Jones.
Susan and Charlie make a $25,000 donation to the Y, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of the Joneses. Plus, Susan and Charlie qualify for a federal income tax charitable deduction on their taxes.
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- Contact W. Ben Prewitt at (727) 467-9622 or firstname.lastname@example.org to discuss endowed gifts.
- Seek the advice of your financial or legal advisor.
- If you include the Y in your plans, please use our legal name and federal tax ID.
Legal Name: Young Men's Christian Association of the Suncoast, Inc.
Address: 2469 Enterprise Rd, Clearwater, FL 33763
Federal Tax ID Number: 59-0810731
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