2018 Endowment Bursary

Each year the YMCA of Greater Saint John Endowment Fund provides bursaries for students entering or enrolled in a post-secondary institution on a full-time basis. The minimum value of the bursary is $1,000.

The bursaries are awarded on the basis of financial need to students living in the Greater Saint John area (Grand Bay-Westfield through to Hampton) or attending a post-secondary institution in this community. Community / school activities and successful academic performance will also be considered.

Application Deadline: May 1st

Please complete the full application and include the following documents:

  • Current Transcript
  • Post-secondary acceptance letter
  • Personal letter from applicant outlining goals and reason for applying for this bursary.

Demonstration of applicants commitment to the Y values (responsible, respectful,inclusive, caring and honest) and/or any connection to the YMCA should be highlighted.

With more than 160 years of experi­ence serving the community, the YMCA of Greater Saint John has provided chil­dren, youth, adults and families with a wide range of valuable services. The Y has empowered individuals of all ages to reach their full potential.

The life-enriching capacity of your YMCA is only possible because of the many supporters that have ensured the Y’s continued success.  The YMCA of Greater Saint John Endow­ment Fund was created to grow and invest funds, which will provide for the future of the YMCA of Greater Saint John. The Endowment Fund is a critical part of planning so that the Y remains strong, viable and responsive in the future.

Your future and the future of those you care about most will be a reflection of the plans you make today. It is possi­ble for these plans to help not only you and your family, but others as well. By making a planned gift to the Y, you have the satisfaction of knowing that your gift will last as a personal legacy to enrich the lives of others for generations to come.

LEGACY GIVING INCLUDES:

GIFTS OF CASH

You can make cash, credit card payment, cheque or money order payable to the YMCA of Greater Saint John. Post-dated cheques are accepted and credit card payments may be made through authorization of monthly amounts. 

BEQUEST IN WILL

You can designate your gift in your will to the YMCA of Greater Saint John. 

Here is Bequest Terminology that you may use in your Will:

“I give and bequeath to the YMCA of Greater Saint John Endowment Fund the sum of xxxxx for uses and purposes of the YMCA as its Board of Directors may determine.”

To ensure the usefulness of your bequest you might want to add:

“In the event that unforeseen circumstances makes the specified use of this bequest no longer practical or desirable, the Board of Directors of the YMCA of Greater Saint John is hereby authorized to make changes in its use in keeping as far as possible with the spirit and general intent of the bequest.”

GIFTS OF LIFE INSURANCE

When you make YMCA of Greater Saint John the owner and beneficiary of your life insurance policy, the YMCA can issue a tax receipt for the full value of your policy premiums. When you make the YMCA of Greater Saint John the beneficiary, but retain ownership of the policy, a tax receipt for the value of the benefit will be issued your estate.

RRSPS AND RRIFS

You can designate the YMCA of Greater Saint John as the beneficiary of your Registered Retirement Saving Plan (RRSP) or Registered Retirement Income Fund (RRIF).

GIFTS OF SECURITIES OR OTHER ASSETS

The YMCA of Greater Saint John can accept publicly traded securities. The value of the gift of securities is the market value on the end of the  day the gift is accepted.

ENDOWMENT FUNDS

With a gift of $25,000 or greater, you may establish a named endowment in honour of a loved one or in honour of your family.Arrangements can be made with YMCA staff for both current or deferred gifts. Named endowments allow friends and family members to make tribute gifts, in memoriam gifts, and special occasion gifts as well (birthdays and anniversaries).

For more information on giving to the Endowment Fund, please contact:
Cindy Floyd, CFRE
VP of Philanthropy and Communications

506.634.4927
c.floyd@saintjohnY.com