Thank you for your interest in the YMCA of Honolulu. Our hope is to serve you and your family with helpful information about gift planning. Thank you for taking the time to explore the benefits of planned giving. Should you decide to make a gift, you will have the satisfaction of sustaining a strong YMCA that will continue to build strong kids, strong families, and strong communities for generations to come.

To make a planned gift to the YMCA of Honolulu:

• Bequest to the YMCA in your will
• Designate the YMCA as a beneficiary of retirement   assets or insurance policies
• Create a Charitable Gift Annuity
• Create a Charitable Remainder Trust

Contributions to the YMCA of Honolulu, a tax-exempt organization under the 501(c)(3) of the Internal Revenue code, are deductable for computing income and estate taxes.

IRA Rollover Extended

The $700 billion economic bailout bill (H.R. 1424, The Financial Rescue Package) signed by President Bush includes a two-year extension of the IRA Rollover provision.

The provision will be made retroactive to January 1, 2008, and will apply to gifts made from that date through December 31, 2009. The provision exempts from taxable income any funds transferred ("rolled over") from an Individual Retirement Account (IRA) to a charitable organization.

The following limitations apply:

• The donor must be age 70 1/2 or older.
• The cap on annual IRA rollovers is $100,000,
• The contribution must be a direct gift to a charity (no planned gifts). 

For information on giving to the YMCA via an IRA Rollover, contact C. Kent Coarsey at 541-5466 or kcoarsey@ymcahonolulu.org.

 

For more information, contact:

C. Kent Coarsey
Director of Philanthropy
Phone: (808) 541-5466
Email: kcoarsey@ymcahonolulu.org