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Giving

Heritage Club

The HERITAGE CLUB is comprised of individuals and families who support the mission of the YMCA of Greater Nashua through gifts to the Endowment Fund or by including the YMCA in their estate planning. It is the commitment rather than the amount that is the basic factor in qualifying as a Heritage Club member.

Membership Qualifications:

  • An outright gift to the YMCA Endowment Fund of money, securities, property, or other marketable assets;
  • Naming the YMCA of Greater Nashua to receive a bequest in one’s will or living trust;
  • Naming the YMCA of Greater Nashua as the beneficiary of life insurance;
  • Naming the YMCA of Greater Nashua as a remainder beneficiary of a charitable remainder trust, gift annuity, pooled income fund, IRA, or a gift of a personal residence with a retained life estate

The nation’s tax laws provide incentives that encourage philanthropy, in recognition of the role charitable organizations (including the YMCA) play in meeting important society needs. 

Depending on the specific arrangement, you can expect some or all of the following benefits of a well-designed gift to the YMCA:

  • Income tax saving 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;
  • Reduced estate settlement costs

When the YMCA is aware of your financial as well as philanthropic objectives, we can help formulate a plan that takes full advantage of the available tax benefits while fulfilling your desire to benefit future generations of children and families through the YMCA.

We welcome the opportunity to confidentially discuss how a giving plan might work for you.  Please contact the Jen Melker, Development Director at (603) 598-1533 for more information.