2019 Endowment Bursary Application

Did you know we have a bursary for post secondary education? Apply now for the YMCA of Greater Saint John Endowment Fund Bursary! Dealine Extended to May 15!

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.

Give a gift in honour or in memory

To honour someone’s memory, many families prefer donations to charity in lieu of flowers. You can choose how you would like the gift to be directed and donors will receive a tax receipt. Some families wish to name a special fund after a loved one, with the proceeds going to support a YMCA program or service that is of special interest to the family.

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 planned giving, please contact:
Cindy Floyd, CFRE
VP of Philanthropy and Communications

506.634.4927
c.floyd@saintjohnY.com