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IRAs and Endowments: Looking Ahead
Anyone with foresight will plan for the future – especially when it comes to retirement funds.
People know that Social Security income doesn’t provide enough to care for day-to-day needs.
Supplemental funds will be needed to make ends meet.
Nonprofit organizations must look to the future as well. Discerning board members and executive officers
realize that building up an endowment is the only way to prepare adequately for the uncertainties that lie ahead.
To rely on annual gifts alone is risky business.
The YWCA National Capital Area is building a strong endowment. We are preparing to meet the financial
challenges that lie ahead. If you are retired – or in the process of building a retirement fund – you understand the
importance of this kind of planning. We invite you to join us in this process. Here are some possibilities to consider:
- Include the YWCA National Capital Area as a primary or secondary beneficiary on your retirement funds document –
depending on the needs of your spouse. That way, when you (and your spouse) are gone, the fund assets will flow into
our endowment program. The principal or corpus of your fund will continue to be preserved to provide income for future
needs of the YWCA National Capital Area.
- Transfer real estate or other appreciated assets to a life-income gift vehicle such as a charitable trust or
charitable gift annuity. The asset will then be sold and the proceeds re-invested to gain both income and appreciation.
You will begin to receive regular retirement disbursements from these funds. When you no longer need the income, the
remainder can be used to create or support an endowment fund.
- Include a bequest in your will to find a YWCA National Capital Area endowment.
To learn more about our endowment program, including funding options, complete the online form below to request
complimentary materials. For more information, please call (202) 626-0700 ext 22.
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