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PRESS RELEASE / ANNOUNCEMENTS Monday, October 24, 2016

YMCA Heritage Club Key to Growth of Channel Islands YMCA

YMCA Heritage Club: Strengthening Youth, Families, and the Community for Generations to Come

Santa Barbara, Calif., October 20, 2016 – The Channel Islands YMCA has served the Central Coast community since it was established in 1887 and currently operates six health and fitness facilities, a Youth and Family services branch, and more than 20 child care locations. The dedication and generosity of the organization’s Heritage Club has been a key factor in growth of the programs and services provided by the Y to the local community.

According to Giving USA 2016: The Annual Report on Philanthropy for the Year 2015, a publication of Giving USA Foundation, individual giving increased nationwide by a record-setting 3.8 percent in current dollars (3.7 percent when inflation-adjusted) and charitable bequests increased by 2.1 percent (1.9 percent when inflation-adjusted) over 2014.

The YMCA board of directors created an endowment fund to provide for the future of the Y. The fund is invested and the Y only uses the return on investment for annual support. Heritage Club members are donors who give a current or planned gift to the endowment fund, continuing the Y’s work in improving communities, families, and individuals.

“All gifts, big and small, make a huge difference as the Y endowment is a segregated fund where the principal of donor-designated gifts is held into perpetuity,” said Jill Rode, Chief Development Officer at the Channel Islands YMCA. “The Heritage Club offers unique ways for community members to create a legacy of compassion and, if they chose, to set a shining example to others through special recognition and other Heritage Club membership benefits.”

Members have the choice of delegating the Y governing board to utilize their gift where the need is greatest or designating the funds to a specific purpose, such as a particular YMCA branch or facility improvements.

Current and planned gifts are accepted. Current gifts may be received in cash or cash equivalents. Planned gifts include bequests through wills, naming the Y as a beneficiary of retirement plans and insurance policies, and living and charitable trusts.

For other designations or questions about the Heritage Club, contact Jill Rode at (805) 569-1103 x23 or by email at jill.rode@ciymca.org. More information as well as an application for the Heritage Club is available online at www.ciymca.org/heritageclub.html.

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