Become a Heritage Club Member
The Y has helped shape the person you have become. Our shared values can be your legacy.
Our legacy-giving program, the Heritage Club, offers you a unique way to ensure the values that are important to you are passed down to future generations. You can make a better tomorrow for children, youth and families – especially those in need.
To fully determine how a planned gift can fit into your financial or estate plans, we suggest that you discuss these options with your legal, tax or financial advisors.
There are many ways to give:
Bequests
Your will provides you with the opportunity to leave a lump sum or percentage of your estate to the YMCA-YWCA of Winnipeg. Naming the YMCA-YWCA of Winnipeg ensures the values and interests that are most dear to you continue to flourish after you are gone. A receipt will be issued to offset estate taxes and taxes arising from capital gains.
Gift of Property
A donation of property can create a gift of exceptional importance. The current value of the property will qualify as a donation for tax purposes. The proceeds from the sale of the property may be invested in an annuity that will provide you or your family with income for life. You can also donate property through your will.
Annuity
An annuity is a unique way to contribute that allows you to receive income for the rest of your life. You may also be eligible for a sizeable tax credit. You may consider transferring stocks or bonds to be used for a designated purpose. You or a family member will still receive the annual interest as well as an immediate receipt based on the value of your gift.
Life Insurance
You can take out a life insurance policy with the YMCA-YWCA of Winnipeg as the beneficiary. You pay a small annual premium, but your eventual gift is significant. Tax receipts are issued for all premiums paid. You can also donate an existing policy that is no longer needed and receive an immediate tax receipt for the current cash value of the policy.
Gifts-in-Kind
Gifts-in-kind involve the donation of property, goods or services instead of cash. The YMCA-YWCA of Winnipeg issues tax receipts for the fair market value of most gifts of goods, but not for services.
Endowment Funds
An endowment fund is an irrevocable donation that provides income in perpetuity and can be restricted to fund a specific purpose. Endowment funds are a permanently restricted net asset, the principal of which is protected and the income from which may be reinvested or spent depending on the donor’s wishes.