Support the Y
When you give to the Y, you help us strengthen our community through Youth Development, Healthy Living, and Social Responsibility.
Please feel free to contact the Financial Development Department at 203.754.9622 ext. 103 or 117 to discuss any giving scenario in more detail. Our staff is happy to work with you and your financial advisors to evaluate which gift plan would be best for you.
DONATIONS AND CHARITABLE GIVING OPPORTUNITIES
The Greater Waterbury YMCA is a nonprofit 501(c)(3) charitable organization incorporated in the State of Connecticut serving over 20,000 individuals annually across our nine town service area of greater Waterbury.
The YMCA strives to serve all regardless of ability to pay. All YMCA programs are subsidized to ensure accessibility and emphasize the core values of Caring, Honesty, Respect and Responsibility. Our YMCA has introduced the 40 developmental assets, developed by the Search Institute of Minneapolis, which help to build leadership and positive values.
There are many ways you can help support your YMCA and all gifts truly make an impact. Please choose the giving option that is right for you.
Community Support Campaign
The YMCA Community Support Campaign is the foundation on which the Greater Waterbury YMCA accomplishes its mission of healthy living, youth development and social responsibility for all. The YMCA Community Support Campaign strengthens the organization’s ability to provide values-based programs and activities to over 20,000 people annually in the greater Waterbury region, regardless of their ability to pay.
Charitable contributions to the YMCA Community Supportl Campaign allows the YMCA to respond to the needs of communities and individuals by creating opportunities to participate in programs that build healthy minds, spirits, and bodies.
Your unrestricted donation helps provide programs to those who otherwise couldn't afford to participate. With your support, we are able to provide financial assistance to youth, adults, and families so that they can participate in enriching programs such as wellness, child development, teen leadership, camping, out-reach, and sports. Your gift will ensure a brighter future for our community.
As a nonprofit 501(c)(3) charitable organization, the Greater Waterbury YMCA is grateful for the generosity of its donors. Please consider helping us by making a gift to the YMCA Community Support Campaign today.
Recognizing the importance of leadership to the Community Support Campaign, you are invited to participate in one of our leadership societies:
William E. Wesson Society
- Emerald Level $ 2,500 - $ 4,999
- Platinum Level $ 1,500 - $ 2,499
- Gold Level $ 1,000 - $ 1,499
- Silver Level $ 750 - $ 999
- Bronze Level $ 500 - $ 749
- Youth Benefactor $ 300 - $ 499
- Century Club $ 100 - $ 299
- YMCA Sponsor $ 1 - $ 99
Designate your gift in support of the LIVESTRONG at the YMCA cancer survivor support program. The Greater Waterbury YMCA hosts an ongoing free 12-week cancer survivor program that focuses on being well. Participants are given the opportunity to share in a compassionate environment, and exercise with specially trained cancer exercise specialists that will guide them through recovery safely and sensitively. All support materials are provided free of charge to survivors through this program, and it is open to anyone in the community.
Designated gifts may be made to send children to either of the two YMCA day camp programs – Camp Mataucha located on Smith Pond Road in Watertown or Camp Oakasha located at the Adventure Center on the Southbury Training School grounds in Southbury.
Our camp programs provide nurturing and enriching camp activities for a safe, fun and quality experience forming memories to last a lifetime. Please consider a gift to send a child to camp for a two week session – prices average $350 per session.
Gifts of Stock
The Greater Waterbury YMCA accepts gifts of appreciated securities as payment of any form of charitable gift. These gifts may be beneficial to income tax savings and capital gains tax.
For most donors, the fair market value of stocks and bonds may be deducted for income tax purposes up to 30 percent of adjusted gross income with a five-year carryover. All charitable giving, including planned gifts, should be reviewed with your tax advisor.
When a payment of a commitment or pledge is to be made with securities, the donor (s) may direct his or her broker to transfer/deliver the securities to the following account of the Greater Waterbury YMCA held at Webster Financial Group.
Please contact Darlene Freyermuth at Webster Financial Group 203.578.2462 or DFreyermuth@WebsterBank.com prior to making any transfers.
Webster Bank, NA
Beneficiary Account #: 0798000093
Beneficiary Name: Webster Bank – Trust Dept
Beneficiary Address: 145 Bank Street
Waterbury, CT 06702
SEI Trust Co DTC #2039
Institution Number #94952
Agent # 11072-C for further deposit into Account WTC325700
Charitable IRA Rollover Opportunity
A direct rollover will be much better for most donors than a taxable IRA withdrawal followed by a charitable gift. Please contact your financial advisor to review the many tax benefits associated with this and other giving opportunities.
Donors of any age can still make a deferred gift of an IRA or other retirement account by naming the Greater Waterbury YMCA as a beneficiary of the account at their death.
Perpetuating Important Values
Giving to the YMCA Endowment through planned giving gifts perpetuates important values the YMCA has embodied through the years. We ask for your support to extend our influence beyond our own lifetimes through your gifts to the YMCA’s permanent endowment. Such gifts can be directed to support the overall work of the YMCA, or can be designated to support a specific YMCA program.
The nation’s tax laws provide incentives that encourage philanthropy in recognition of charitable organizations as being important in meeting needs of our society. Depending on the specific arrangement, you can expect some or all of the following benefits of a well-designed gift to the YMCA’s endowment:
- income tax savings through the charitable deduction for the value of the gift;
- avoidance of the capital-gains tax on contributions of certain kinds of property that have increased in value over time;income for life, for a donor and/or other beneficiaries; the possibility of increased spendable income with certain arrangements; elimination of federal estate tax on the value of a gift passing to the YMCA upon the donor’s death; and
- reduced estate settlement costs
When the YMCA is aware of your financial and philanthropic objectives, we can help formulate a plan that takes full advantage of the available tax benefits while at the same time fulfilling your desire to benefit future generations of children and families through the YMCA.
The YMCA welcomes the opportunity to confidentially discuss a variety of options with prospective donors.
This group is comprised of individuals who support the mission of the YMCA through gifts to the Endowment fund. Our greatest need is long-range financing to ensure the longevity of our services. Remembering the YMCA through an endowment or bequest ensures our financial strength and prevents your estate from being eroded by taxes.
Create your legacy today through one of the following methods:
- An outright gift of money, securities, property, or other marketable assets
- Naming the YMCA to receive a bequest in one’s will or living trust.
- Naming the YMCA as the beneficiary of life insurance
- Naming the YMCA as a remainder Trust, Gift Annuity, Pooled Income Fund, IRA, or a gift of a personal residence with a retained life estate.
Sponsorship opportunities are available for a variety of YMCA special events and programs including the Golf Tournament, Race4Chase Youth Triathlon program, and the YMCA Waterbury Basketball Academy. Other opportunities will be announced and posted on www.waterburyymca.org
To inquire about sponsorship and naming opportunities, please call 203.754.9622 ext. 103.
Matching Gift Opportunities
Many employers sponsor matching gift programs and will match any charitable contributions made by their employees. Please inquire with your employer to determine if they have a matching gift program.
If your company is eligible, request a matching gift form from your employer, and send it completed and signed with your gift. We will do the rest. The impact of your gift may be doubled or possibly tripled! Some companies match gifts made by retirees and/or spouses.