Leave a Legacy
A strong endowment is the financial foundation of any organization. This is particularly true at YMCA Camp Sea Gull and YMCA Camp Seafarer where our endowment provides a stream of income to the operating budget each year and gives us the ability to plan and make strategic decisions with financial security.
Camp's unrestricted endowment income is combined with earnings from restricted named endowments and works in tandem with the Camp Annual Campaign to ensure funds are available to:
- Provide financial assistance to a wide economic spectrum of families to make Camp possible for those who would not otherwise be able to attend
- Update program equipment that enhances the Camp experience
- Support staff and leadership development to make sure our leaders are the best trained and most effective in the camping industry
- Address ongoing maintenance and upkeep of facilities
- Provide camp opportunities for our neighbors in Pamlico County and surrounding communities
By helping to grow Camp's endowment, you aren’t just helping Camp Sea Gull and Camp Seafarer this year or next; you are helping to ensure that the traditions, purpose and commitment to excellence will influence and enhance the lives of campers for generations to come.
How Can I Support Camp?
- Designate Camp Sea Gull and Camp Seafarer, through the YMCA of the Triangle, Inc. in your estate plans
- Set up a trust that benefits Camp
- Provide “unrestricted” gifts to the Endowment
- Make periodic contributions
- Designate your gift for a specific purpose
What Are the Options for a Planned Gift?
- A Bequest, conveyed through your Will or a Living Trust
- Identify the YMCA as the beneficiary in a new or existing Life Insurance policy, a Retirement account, an IRA or a 401(k)
- Charitable Gift Annuity
- Charitable Remainder Trust
- A gift of Real Estate or other tangible assets
- Charitable Lead Trust
- Donor Advised Funds
- Named Endowment
All gifts must comply with the YMCA of the Triangle gift acceptance policy
How Do I Establish a Named Endowment for Camp?
Donors may set up individually named funds in honor or memory of a loved one and the funds may be either unrestricted or designated for a specific purpose
A commitment of at least $50,000 is required in order to establish a new named fund
How are the assets managed and invested?
The Finance and Investment Committees of the YMCA of the Triangle’s Board of Directors oversee the management of the assets. The committee members are YMCA volunteers with strong backgrounds in finance and fiscal management. The overall Endowment Fund is managed by Raymond James.
For more information see the Planned Giving site of the YMCA of the Triangle.
You may also send an email to Elayne Steinman or call 919-582-9323.