Our Endowment

 
YHSC's Endowment Fund was created and Many benefit from the YHSC Endowment Fund - Click to see larger photo. operates exclusively to support the Youngstown Hearing & Speech Center.  The principal of the Endowment is held as a board-restricted asset.  The income and dividends from the endowment are used to support the programs and services of YHSC. The Endowment allows for restricted and unrestricted gifts.   Those gifts that have not been restricted by the donor, are held as part of the general fund.  Gifts restricted by the donor will be held in separate accounts to be used in accordance with the restrictions of the donor.

Gifts

 

Many benefit from the YHSC Endowment Fund - Click to see larger photo.The Center’s Endowment fund is administered by the Community Foundation of the Mahoning Valley www.CFMV.org This affliation gives donors to the Endowment assurances that their contributions will be managed following the guidelines established by the Community Foundation of the Mahoning Valley.

YHSC will work with you and your financial advisors to maximize the tax benefits for your gifts. Your gifts may include; Stocks or Bonds, Cash, Bequests, Life Insurance, Personal Property, Matching Gifts and Gifts in Memorial.

 Other opportunities such as Charitable Remainder Trusts or Charitable Lead Trusts can be used to contribute to the Center’s Endowment. These gifts offer valuable estate planning options while allowing donors to meet their charitable giving goals.

 

Gift Guidelines

 

There is no minimum requirement for an undesignated gift to the Endowment Fund. Donor Designated Gifts must be a minimum of $10,000.00.  Examples of designated Gift opportunities includes:

  • Pediatric Speech/Audiology Services 
  • Pediatric Hearing Aid and Assistive Devices
  • Adult Hearing Aid and Assistive Devices
  • Community Center for the Deaf
  • Adult Stroke & Laryngectomy Services
  • Capital Expenditures
 

Gift Recognition

 

Supporting members of the Youngstown Hearing & Speech Center Endowment Fund are those individuals who have made current gifts and future provisions in their estate plans for those with communication disorders. Gifts to the Endowment will be recognized at the following levels:

$5,000   -    $10,000                Friends

$10,001 -    $25,000                Supporters

$25,001 -    $50,000                Benefactors

$50,001 - and up                     Communicators

 

Making a Gift

 

If you are interested in making a gift to our Endowment Fund. Please contact us and we will assist you and your financial and legal advisors with any questions. For more information on our Endowment Fund including our most recent Annual Report please submit the following form.

 
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