Endowment Fund (EF)Its Purpose To provide financial aid and stability for Y'sdom's present and future purposes, objectives, programmes and expansion. In other words, "To develop Y'sdom". Its Goals
Its Limitations Only the income will be used. (The principal remains untouched in order to provide stability.) Funds can be disbursed for purposes as stated above and approved by the International Council and the Endowment Trustees. Its Structure Five Trustees, serving five-year rotating terms and representing at least three Areas of Y's Men International, invest and manage the funds to maximize income and promote the Endowment Fund. One Trustee is appointed each year by the International President. Making a Gift Anyone and everyone can contribute! Individuals, Clubs, Regional Boards, Conventions, etc. may all participate. Here's how:
Golden Book When you or your club contribute to the Endowment Fund, you have the opportunity to record for posterity the "Golden Deeds" of Y's Men, YMCA Executives, Y's Menettes, relatives or friends of Y'sdom in the Golden Book. For more details on how you can become part of this impressive collection, e-mail us at Y's Men's International Headquarters in Geneva, Switzerland. © 2001 Y's Men International Headquarters, Geneva, Switzerland |