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An endowment gift to the YMCA of the Virginia Peninsulas today provides a brighter picture for our future. When you make a donation to an endowment, you give a gift with both immediate and long-term benefits.
Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at the YMCA of the Virginia Peninsulas. The remaining funds are reinvested to ensure indefinite support.
Longtime the YMCA of the Virginia Peninsulas supporters Charlie and Susan have two goals: First, they want to make sure the YMCA of the Virginia Peninsulas continues to receive support after they are gone. Second, they want to create a lasting legacy for Charlie’s parents.
Charlie and Susan make a $25,000 donation to the YMCA of the Virginia Peninsulas, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of Charlie’s parents. Plus, Charlie and Susan qualify for a federal income tax charitable deduction on their taxes.
Legal name: YMCA of the Virginia Peninsulas
Address: 41 Old Oyster Point Road, Suite C, Newport News, VA 23602
Federal tax ID number: 54-0524-905
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