THE HERITAGE SOCIETY

You are invited to become a member of the Olean YMCA Heritage Society

The Olean Family YMCA's Heritage Society is an organization of special individuals who have felt or seen, in their time, the impact of the Y on the lives of people. They believe in the traditions of the Y and wish to ensure that this heritage is continued for future generations. The purpose of the Heritage Society is to build long-range financial stability for the Y by strengthening the Association's Endowment Fund. Those who qualify for membership have included the Association's Endowment Fund in their estate plans or have made direct contributions of cash, property or securities to the Endowment Fund. There is no minimum dollar amount. As we continue to confront challenges of the future, we know the generosity of those in the Heritage Society will make all the difference in our success.

Follow the link below to view a list of our current members.
Current Heritage Society Members

How to qualify for the Heritage Society?

An outright gift - cash
Creates current income tax savings.

An outright gift - appreciated assets
Contribute appreciated assets, such as stock, to the YMCA and receive a charitable deduction equal to the current value of the assets while avoiding capital gains taxes.

Naming the YMCA in a Life Insurance Policy
Makes possible a large future gift and possible current income tax savings.

Existing Life Insurance
Contribute a life insurance policy that is no longer needed to protect the current beneficiaries and receive a charitable deduction for the cash value of the policy.

Wills
Include the YMCA in your will and reduce estate taxes. Fixed amounts, specific assets or percentages of the estate may be specified.

Trusts
Establish a form of a charitable trust and/or annuity that provides the donor with a fixed or variable lifetime income and receive a charitable deduction at the same time.

Note: This information is general in nature. Before making any decision, please consult with an attorney and/or financial advisor.

Contact:

Laura Whitford
Financial Develoment Director
1020 Reed Street
Olean, NY 14760

Phone: 716-701-1325