Donors of every level may contribute to the Hockomock Area YMCA in a variety of ways.  No matter what the form of the gift, support from members and friends allows the Hockomock Area YMCA to provide mission-based support to our members and to our community at large.

The information provided will help you make an informed decision about the various ways to make a gift to the Hockomock Area YMCA.

Cash
Direct cash gifts (cash, checks or credit cards) are the most common form of giving.  Cash gifts may be made outright or used to fund a life income vehicle; they are tax-deductible to the full extent permitted by law.

Matching Gifts
More than 1,000 corporations, foundations, and other organizations will match their employees' charitable contributions either dollar-for-dollar, or at a ration of 2-to-1, 3-to-1, or even 4-to-1.  The donor must obtain the form from the employer and submit it for processing. If you notify the Hockomock Area YMCA that there is a matching component when you make your gift, the Financial Development Office can follow up once you have initiated the process.

Planned Gifts
Planned gifts offer numerous ways to provide contributions to the Hockomock Area YMCA while creating income, obtaining certain tax advantages, and providing for loved ones.  Please review the brief descriptions below for information on ways to make a planned gift to the Hockomock Area YMCA.  It is recommended that you consult your financial advisor when considering gifts of this nature.

Bequests
A bequest is the result of careful thought about the good use of assets that have taken a lifetime of work, care, and stewardship to build or preserve.  The bequest may be a specific sum or a percentage of an estate that can significantly increase the amount of the final gift.

Securities
Outright gifts of appreciated securities (stocks, bonds, mutual fund shares) are tax deductible at full fair-market value if the donor has owned the asset for at least 12 months.  To avoid capital gains taxes, you must provide the securities themselves, not the proceeds of their sale.  Gifts of closely held stock (usually stock in a family-owned business) also carry benefits for the donor.  The stock must have been held for at least 12 months for you to claim a charitable deduction at full fair market value.  If the deduction exceeds $10,000, a qualified appraisal is required for tax purposes.

Qualified Retirement Plan Benefits
For many people, retirement plan benefits constitute a major portion of their assets.  However, such assets can be heavily taxed when they pass to heirs, and over-funding of retirement accounts can result in significant tax liabilities.  Charitable uses of retirement benefits can provide benefits to the donor and recipients.

Life Insurance
There are many ways in which life insurance policies can be used to make a gift.  Some provide a tax deduction and may enable the donor to make a larger gift than might otherwise be possible.

For more information on ways to give to the Hockomock Area YMCA, please call 508-695-7001, x251, or consult your financial advisor.