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Y Endowment / 1868 Club

ENSURING A YMCA FOR THE FUTURE
1868 Club

For over 150 years, since 1868, the YMCA of Saginaw has devoted itself to youth development, healthy living and being socially responsible. The 1868 Club is a circle of friends who share a commitment to the long-term financial stability of the YMCA of Saginaw and a belief that the Y’s life-changing programs continue to be offered to future generations. At its core, the 1868 Club is a community of caring people coming together to meet the needs of others for lifetimes beyond their own.

Many friends of the YMCA are helping to do just that by designating gifts or assets they have accumulated to the YMCA Annual Campaign or the Y’s Endowment Fund. Such gifts can be directed to support the overall work of the YMCA, or can be designated to support a specific purpose or program.

Making a difference for generations to come, an endowment provides for the future financial stability of the Y. The objective is to draw only on the earnings of the endowment fund and leave the principal intact as it grows, generating an ever-increasing level of income to ensure Y Financial Assistance for individuals, children, and families in need. Proceeds from the endowment are also used to strengthen and develop programs and services and improve facilities.

Membership in the 1868 Club is achieved by leaving the YMCA a gift through your estate planning or a gift to the endowment fund of the YMCA of Saginaw. It’s so easy and you can rest assured that your contribution today will benefit children and families for years to come. As with all financial considerations, we encourage you to discuss potential tax advantages and other aspects of charitable giving with your attorney, tax advisor or financial consultant.

1868 Club Legacy Donor – YMCA of Saginaw named in planned giving

1868 Club Gold Level Donor – Endowment gift exceeding $10,000

1868 Club Silver Level Donor – Endowment gift exceeding $5000

1868 Club Bronze Level Donor – Endowment gift exceeding $1000

Endowment gifts can be either to unrestricted fund or a named endowment fund.

Endowed Funds through the YMCA

The YMCA has two types of endowment funds, unrestricted and designatedGifts of any amount to existing endowed funds are accepted and will be directed in support of that fund’s aim and purpose.

Y Unrestricted Endowed Funds
By establishing or giving to an undesignated fund with the YMCA of Saginaw, you are giving a gift to the Y that has no restrictions on its usage, so that our program staff, management and board will be able to determine the most impactful area of Y membership or programming to put your contribution towards. These gifts are the most flexible, allowing the Y to respond immediately to our community’s needs.

Y Designated Endowed Funds
By establishing or giving to a designated fund with the YMCA of Saginaw, you are targeting your gift to a specific Y offering. You are free to choose from existing programs, memberships, Camp Timbers offerings or scholarships, or any activities, events, or chronic health issues that you may wish to see your gift support at the Y.

How to Establish a Designated Endowed Fund

With a minimum donation to the YMCA of Saginaw Endowment Fund of $10,000 you may establish a new fund designated and named as you see fit: your name, your family’s name, or even in honor of someone or another business or organization. The initial, minimum donation of $10,000 can be made via cash, bequest, stock or mutual funds.

Unrestricted funds will reside within the endowed funds of the YMCA of Saginaw; each investment’s earnings will be used to address the most pressing needs of our youth, families and seniors. Designated endowed funds will be used to support your interest area at the Y.

To schedule an appointment to discuss your desire to initiate or contribute to an endowed fund, please contact:

Steve Meyer at (989) 753-7721, Extension 206 or
Ann Szymanowski at (989) 753-7721, Extension 208.

We offer a one-time, special 30-day offer to new members considering Y membership.

Try us! You’ll love the Saginaw Family YMCA. Then join as a full facility member within 7 days to waive the joiner fee and enjoy our amazing benefits year-round.

Be fit. Be healthy.
And be part of something bigger than yourself.

JOIN US AT THE SAGINAW FAMILY YMCA!