By Tom Clingman
Chief Development Officer
On May 15, 2018, the YMCA of Frederick County sustained flooding from a significant rain event. The YMCA has been at 1000 North Market Street since 1965 and has only flooded one other time on September 29, 2015. The Y has been able to weather both storms, rebuild and emerge stronger than ever thanks to our volunteers, members, contactors, community and staff.
The YMCA has been a part of the Frederick Community for 160 years. It is important to our volunteers and staff leadership that we operate in responsible manner that will allow the Y to be here for another 160 years.
The YMCA Endowment has played a crucial role in helping the Y weather the recent floods and will also ensure that we have the resources to withstand any future threat. We are pleased to report that we were able to recover from the 2015 flood by raising the necessary funds to cover our $1.5M in damages. Thanks to flood insurance and some generous donations we are working through our second flood without having to touch our Endowment. We have been able to use our non-scholarship, non-restricted Endowment funds as collateral to borrow funds that were later paid back with flood donations.
When you give to the YMCA Endowment, you can designate how your funds will be used. You can choose to have the interest of your funds provide scholarships or you can have your money go into a nonrestrictive fund that can be used to help the Y with projects in the future. Either way, the Y is able to ensure its future health and wellbeing and make sure we can serve our mission for the next 160 plus years.
We are blessed to serve such a caring and loving community. Thanks for your continued support of the Frederick Y.
Should you or a loved one be interested in learning more about planned giving options at the YMCA of Frederick County, please contact Tom Clingman at (301)663-5131 or firstname.lastname@example.org