The YMCA of Western Ontario has several Endowment Funds established where the capital is invested, and never used. Each year a percentage of the interest gained on these Endowments are used towards supporting specific services of the YMCA.
Stevenson & Hunt, Hilton London & TD Y Fore Kids Endowment Fund
This $1,000,000+ endowment was established through our annual Y Fore Kids Golf Tournament. Each year the proceeds from the tournament were put into the Endowment Fund with a goal of reaching $1 Million Dollars. In September 2011, the final installment of $226,000 was made to the Endowment, sending the capital over the $1,000,000 goal. Beginning in 2012, a percentage of the interest will be used to provide financial support to children in need, ensuring that everyone has access to YMCA Camps, programs and services regardless of their ability to pay.
Harris Family Endowment
This private family Endowment was set up in honour of the late Milt Harris. Proceeds from this fund go towards helping ensure that every child has the opportunity to experience a YMCA Summer Camp, regardless of their ability to pay.
YMCA of London Foundation
The Foundation invests and endows funds that are donated to the YMCA with no restrictions and often as a result of an estate gift.
YMCA of Western Ontario Planned Gifts
The YMCA of Western Ontario Foundation maintains an endowment fund to support and enhance YMCA programs and facilities. Income from this fund is used, while the capital remains a lasting assurance that the YMCA‘s services and philosophies will continue to touch future generations.
A planned gift to the YMCA Foundation allows you to make arrangements today to provide for a charitable donation in the future. A planned gift is an effective way to fulfill your financial and charitable wishes.
Bequests are donations from a donor’s estate as set out in a Will, and may be designated for a specific project or program.
Outright Gifts provide income tax savings and can include any asset: cash, works of art, stocks, real estate or other investments.
Life Insurance policies naming the YMCA as beneficiary offer a variety of tax advantages to a donor while providing a significant future gift to the Foundation.
Charitable Gift Annuities transfer cash assets to the YMCA in exchange for the YMCA paying the donor (or spouse) a fixed dollar amount each month.
Memorial Gifts allow a loved one to be remembered in perpetuity through the creation of a named memorial endowment fund. The fund may accept the contributions of many different donors.