YMCA Endowment Fund
What is the YMCA Endowment Fund?
An endowment fund provides a secure and stable foundation to build our future on. It is the gift that keeps on giving! Gifts to the fund are invested, allowing the Y to use the interest earnings to support programs that benefit kids and families in our community. The fund’s professional managers are supervised by the YMCA Board of Directors.
We have partnered with the Galesburg Community Foundation to allow us to accept a variety of assets.
A Story of Giving
Dr. Subbia Jagannathan, Jagannathan Charitable Trust:
We have been associated with Knox County YMCA since we moved to Galesburg in 1976.
Since Adam Sampson became CEO of the YMCA in 2012, he has made remarkable improvements. The biggest addition to the YMCA is starting the Solutions Program.
Some of us have been trying to do something like this for a few years, but could not accomplish it.
Once the YMCA team brought this program to help the underprivileged and needy children, we were so happy to be part of it.
We are so happy to have the best team to accomplish this goal and help expand the program into both area Jr. Highs and Galesburg High School.
We are thrilled to provide results such as at Lombard, where the GPA’s went from 1.9 to 2.87, referrals from the office went from 1,036 visits to 310 visits and tardies went from 1,467 to 912.
We jumped in and started an Endowment Fund towards this goal of helping and improving the school children, our FUTURE GENERATION OF LEADERS.
How Can I Help?
Immediate gifts of cash, appreciated securities, real or tangible property, QCDs for IRA's are welcome additions to the YMCA Endowment. You can also make a planned gift/including the YMCA Endowment in their estate plans
When the added protection of an insurance policy is no longer needed, transferring the policy's ownership to the YMCA can result in tax benefits for you and a generous gift to the YMCA.
You may add the YMCA as a revocable beneficiary on your qualified IRA, pension plan, bank account or insurance policy.
Please contact Adam Sampson, CEO with questions regarding the YMCA Endowment Fund.