Endowment Fund

YMCA Endowment Fund

Download an informational brochure here!

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:

“I am all for it”

Dr. Subbia Jagannathan has been involved with The Knox County YMCA since he first arrived in Galesburg as a young radiologist in 1976. Now retired from practice, he remains involved- not just as a member who likes to stay fit but as a donor and a member of the Executive Board of Directors.

Dr. Jagannathan believes deeply in the Y’s role as a welcoming place with services accessible to anyone who needs them. To keep it open to as many people as possible today, tomorrow, and forever, he supports the endowment fund with a gift from his charitable trust.

“Some communities much bigger than ours don’t have this kind of facility with services so deeply immersed in the community, “he said. “We are very fortunate to have a Y of this caliber ere, and I just wish to get more people involved. This endowment fund- I am all for it.”

How Can I Help?

Outright Gifts

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

Life Insurance

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.

Beneficiary Designations

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.