ENDOWMENT FUND

Cash, Direct gifts - cash, check or credit card

Reoccuring Monthly Gifts, Recurring monthly giving allows a donor to elect to make a monthly ongoing donation to the YMCA. It is literally a gift that keeps on giving until a donor elects to adjust it or discontinue it.

Securities and Wires, Gifts of appreciated securities are tax deductible at their full market value. In most cases, appreciation in the value of the secuity benefits the YMCA and is not taxable to the donor. Please let the Southeast Ventura County YMCA Development Office know that a transfer is coming so we can confirm and recognize your gift. 

• Broker: Edward Jones (YMCA contact: Hugh Fisher) 

• DTC Participant #: 0057

• Account: 19702302-13

• Account Name: Southeast Ventura County YMCA

• Tax Id #: 95-2305501

Donor Advised Funds, Donors with a Donor Advised Fund with a Community Foundation such as the Ventura County Community Foundation or other Financial Institution may make their charitable contributions to the Southeast Ventura County YMCA through  this vehicle. Contact your fund administrator to discuss how you would like to make a gift to the Southeast Ventura County YMCA Endowment Fund through your DAF.

Traditional IRA Annual Required Minimum Distrubutions "RMD" and Early IRA Distributions for Charitable Giving Prurposes. 

• Individuals with IRA's that are 73 years and older are required to take an annual minimum distribution "RMD". 

• Individuals at 70.5 have the option to do so. These distributions are taxable, unless donated directly to a charity. Consider gifting part of your RMD through a Qualified Charitable Deducation "QCD" to SEVC YMCA by discussing with your fund administrator. The funds must be directly transferred by your fund administrator to the charities of your choice.

• Individuals at age 59.5 and younger than 70.5 may take annual distrucbutions from their IRAs and give to charity but the distribution will be counted as taxable imcome. Donors are encouraged to speak with their acountants and investment advisors to determine the giving method best for them.

Real Estate,  Real property, either in its entirety or in part, can be deeded to the  Southeast Ventura County YMCA. The YMCA's Board of Directors Finance Committee oversees this process and has an established review and approval process. 

Bequests, Gifts to the YMCA through wills or living trusts may include a dollar amount or percentage of your estate or trust property. Sample bequest language: "I give the Southeast Ventura County YMCA, the sum of $x/ or X percent of the remainder of my estate/trust to be used for the Southeast Ventura County YMCA's General Endowment Fund or establishment of a "Personal Names" Endowment Fund (named endowment funds require a minimum gift of $25,000)

Charitable Remainder Trusts, This type of trust provides named individuals income each year for life or a period not exceeding 20 years from assests given to the trust an individual creates. At the end of the trust term, the balance in the trust goes to the Southeast Ventura County YMCA.

IRA Funds, IRAs are considered excellent vehicles for designating to charities. Because charities including the Southeast Ventura County YMCA do not pay income tax, the full amount of what you designate will benefit the YMCA. All donors are invited to designate the Southeast Ventura County YMCA as partial or full beneficiary of their retirement plans. Consider discussing with your tax advisor to learn more about this option.

Life Insurance, If a donor owns an insurance policy that is no longer needed for its original purpose, he or she may transfer ownership of the policy to the Southeast Ventura County YMCA and name the Southeast Ventura County YMCA as its sole beneficiary. If the donor continues to pay premiums on the policy, each payment is tax deductible as a charitable contribution.