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A Festive Night of Support

Janice Reals Ellig and Hawa Diallo

Following a welcome from Heritage Society Chair Janice Reals Ellig, the night's keynote speaker, Hawa Diallo, spoke about her struggle to support herself and her family after coming to the United States from Mauritania in search of a better life.

Guests were welcomed by Heritage Society Chair Janice Reals Ellig. After Janice’s remarks, President and CEO Sharon Greenberger shared an update about the new Strategic Plan — Thriving New Yorkers, Stronger Communities — and the Y's strategic priorities for the coming years to expand services to reach more youth, to build new partnerships to promote health and to foster connections to strengthen community. Sharon also introduced new Heritage Society members.

The Heritage Society Class of 2017 includes: Veronica Baburam (Vanderbilt Y), Monica Bermiss (New York YMCA Camps), Deborah Clark-James (Harlem Y), Anne Fulford (Vanderbilt Y), Marjorie Jean-Jacques (North Brooklyn Y), Jonnie Marshall (Harlem Y), Angel Osorio (Vanderbilt Y), Brently Winstead (Long Island City Y), and Rosalind Yhip-Savory (Cross Island Y).  

New 1852 members include Elizabeth Bergin (Association Office), Robert Carr (Vanderbilt Y) and Joan C. Johnson-Jenkins (Bedford-Stuyvesant Y).

The highlight of the evening was keynote speaker Hawa Diallo, a refugee from Mauritania who is a participant in the Harlem YMCA's New Americans Welcome Center. Hawa told the story of her journey from Mauritania to the Bronx and her struggles to support herself and her family as she fled the civil war and came to the United States in search of a better life. Hawa's inspiring story highlighted the critical role of the YMCA in welcoming immigrants and providing essential support services to new New Yorkers. "I believe that if each of us can help in the way that we can, then we can all have a better life," says Hawa.

There are many ways you can support the programs and services the Y provides. To learn more about the different gift options available to you, contact Patti Davis at (212) 630-9625 or pdavis@ymcanyc.org.

eBrochure Request Form

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A charitable bequest is one or two sentences in your will or living trust that leave to the YMCA of Greater New York a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to the YMCA of Greater New York, a nonprofit corporation currently located at New York, NY, or its successor thereto, ______________* [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to New York City’s YMCA or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to New York City’s YMCA as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to New York City’s YMCA as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and New York City’s YMCA where you agree to make a gift to New York City’s YMCA and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

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