“Where we build strong kids, strong families, and strong communities”

Endowment Program
Text Box: An “endowment” is an asset which is permanently set aside for investment on behalf of an organization. The income from these investments supports the YMCA while the principal is preserved in perpetuity. Text Box: MISSION The Santa Monica Family YMCA is dedicated to serving its members by providing programs and services that enrich the quality of the physical, mental, spiritual and social lives of individual members, their families and communities. In all we do, we will be guided by principles of love and respect for all regardless of race, gender, age, or religious preference. Text Box: HISTORY On April 19, 1901, the Santa Monica Young Men’s Christian Association was incorporated by a group of concerned community leaders. C.C Moore and W. Lee Chambers stepped forward as President and Secretary. Although the seed had been planted, it would be another two decades before the Y became active (1927). In 1978, the YMCA named changed to the Santa Monica Family YMCA and emphasis on entire family service programs was implemented. Today, we have a more than 85,000 square foot, state-of-the-art facility. Still committed to basic Christian principles, we offer over 100 different programs throughout the year for people of all ages and faiths. We work for the development of each person in physical strength, confidence, and self-worth which support the growth in spirit, mind, and body. We help people to live happier, healthier, and more productive lives. We build strong kids, strong families, and strong communities through programs that teach the values of caring, honesty, respect, and responsibility. Text Box: OUR ENDOWMENT PROGRAM GOAL: $25 MILLION Text Box: WHY THE $25 MILLION GOAL Endowment development is a program of assuring future financial stability for the YMCA (cash and known commitments) that, if all were “Cash on Hand”, the income form the fund’s earnings would product 25% of the operating income of as projected five to ten years in the future. Strong Endowment will allow the YMCA the flexibility to respond and to serve our community’s ever-changing needs, in addition to providing a financial “cushion” in the event of emergencies. Text Box: FUND DESIGNATIONS Text Box: Legacy An endowment gift secures your dreams and values for future generations Text Box: Leadership Leaders who commit to the Y’s future are helping the Santa Monica Family YMCA toward a secure future built on the highest standards and values. Text Box: Memory Through a “Named” endowment, your family or loved ones may be remembered by new generations in perpetuity Text Box: Benefit In addition to the satisfaction of assuring support for the future work of the Santa Monica Family YMCA, your contribution can be deductible from state and federal tax. Appreciated properties may be transferred at market value without payment of capital gains taxes. As a charitable contribution, your donation may reduce or eliminate future estate taxes. Text Box: I. Endowment Funds established by bequests and gifts may be named in honor of the donor or his or her nominee. The YMCA, its buildings, significant units of buildings or designated projects and programs may bear the name of a donor or serve as a memorial to someone named by a donor. Thus a donor or loved one may be linked to the YMCA in perpetuity. Many distinguished naming possibilities are available for consideration. Such as: Text Box: III. All donors ($25,000 and over) will be recognized on a permanent Endowment Program wall plaque. Text Box: MAKE A COMMITEMENT Disclosing a gift to your Family YMCA is a persona decision, and any requests for anonymity will be honored. However we would very much like to know in advance of your intention to leave a gift, so we can recognize your generosity properly, and to allow us to advise you of opportunities to give to specific programs or areas that my be of special interest to you. You gift can act as an example to others that will encourage them to also include a charitable gift to the YMCA in their will. Text Box: YOUR GIFT TO OUR ENDOWMENT PROGRAM MAY BE Outright Gift of Cash Gifts of Securities Will or Trust Gift of Life Insurance Policy Charitable Remainder Trust Gift of Personal and Real Properties Gift of Deferral Annuity Naming Y Endowment as Beneficiary of IRA or Retirement Benefits Text Box: II. Donor naming funds can be established with a minimum of $50,000 in donor designated program areas. However, funds under that amount will be placed in the general designated area funds as so desired by the donors. Text Box: IV. All donors ($50,000 and over) will be recognized in the YMCA’s Legend Book of Honors as “People of Significance”. Text Box: V. All donors (over $500,000 ) will have a special Tribute Dinner in his/her honor as so desired (hosted by the YMCA). A special tribute plaque will be permanently displayed in our second floor “Hall of Fame” wall case.

RECOGNITION
Text Box: The YMCA welcomes unrestricted gifts and bequests to our Endowment Fund. Unrestricted giving provides the Board of Directors flexibility to adjust readily to changing needs and conditions in the YMCA’s service to the community. However, gifts and bequests may be restricted for using in any specific service area, and/or for any stated YMCA purpose or program. As with any endowment gift, only the income generated can be used, preserving the principal into the future.

Santa Monica Family YMCA

INFANT & PRE-SCHOOL CHILD DEVELOPMENT PROGRAMS

$2,5000,000

YOUTH & GOVERNMENT PROGRAM

2,000,000

SENIOR HEALTH ENHANCMENT PROGRAMS

1,000,000

CAMPING PROGRAMS

2,000,000

YOUTH MENTORING PROGRAMS

1,500,000

INTER-GENERATIONAL & CAREER COUNSELING PROGRAMS

1,000,000

PARENT / CHILD PROGRAMS

1,500,000

SOCIAL ACTIVITES

500,000

EDUCATIONAL PROGRAMS

1,500,000

JOB TRAINING & REFERRAL PROGRAMS

1,500,000

BUILDING UPGRADE & MAINTENANCE PROGRAMS

3,000,000

NEW EQUIPMENT PURCHASES & FUTURE CAPITAL PROJECTS

3,000,000

GENERAL MEMEBERSHIP

3,000,000

STAFF DEVELOPMENT PROGRAM

1,000,000

TOTAL

$25,000,000

Name of the YMCA

$10,000,000

Name of a Camp Big Bear

5,000,000

Name of the Gymnasium

2,500,000

Name of Part of a Building

1,000,000

Name of a Room in a Building

250,000 - 500,000

Name of a designated Program/Youth Sports League

100,000 - 250,000

Name of a Youth Club

50,000

Name a of a Special Award

25,000