Foundation & Planned Giving
Boys & Girls Clubs of Northwest San Diego Foundation was established in 1977 and is an independent entity managed by 19 Trustees. The Foundation is a tax-deductible receptacle for donations aimed at long-range facilities planning, as well as being a backup for existing operations. The Foundation also acts as a custodian for major grants and bequests in support of specific BGC San Northwest San Diego programs and activities, and will administer them at its own cost. Contributions arrive through direct gifts (cash, land, stocks, insurance and mortgages) and through delayed gifting via bequests and charitable trusts. Assets today are approximately $1.4 million, with approximately $12 million in deferred gifts.
The Foundation supports the operating Club by:
- Providing non-interest-bearing loans to assist the operating Club’s cash flow
- Undertaking studies and demographic surveys to project future needs
- Seeking land to acquire for new Club facilities
- Making grants for off-budget items such as capital grants and special projects
- Providing scholarships to needy and deserving youth
The Heritage Club is composed of donors who have given gifts to the Foundation using any of the following methods:
- An outright gift to BGC Northwest San Diego Foundation of money, securities, property or other marketable assets
- Creation of a unitrust, annuity trust, pooled income fund, short-term trust or life estate program
- Naming BGC Northwest San Diego Foundation as the eventual recipient of life insurance
- Naming BGC Northwest San Diego Foundation to receive a bequest in one’s will
Planned Giving
Every day, Boys & Girls Clubs of Northwest San Diego and its supporters are expanding the boundaries of what’s possible for youth in our area. One major driving force behind these advances are donors who make more possible through planned giving. With many different planned giving options, you can give back in a way that works best for you – and help create great futures for the children we serve.
Benefits
Establish a legacy for yourself and your loved ones
Give back for all you received in a smart and structured way
Provide income for you and your loved ones for life
Deepen your connection to Boys & Girls Clubs of Northwest San Diego
Become involved in the Club’s vision for the future
How to Give
Learn how to make a gift that provides tax benefits and even life income.
Personal Planner
Pat and Allen were talking about their three children. They are empty nesters and the three children are off making their way.
What to Give
Find out what type of assets make the best planned gifts. Learn about gifts of cash, securities and property.
If you have questions regarding a specific plan, please contact us. We look forward to helping you achieve your goals.
Foundation President: Jodi Diamond
(858) 755-9012
Foundation Office
533 Lomas Santa Fe Drive,
Solana Beach, CA 92075
foundation@bgcGreaterTogether.org
Scholarship Program
The purpose of the Foundation Scholarship Program is to offer an opportunity for the youth in our community to further their educational goal. The Scholarship Program shall strive to assist young people to pursue a higher degree of education at a community college, trade school or university. It is the goal of the Scholarship Program to continually grow and to be available for youth in perpetuity.
We presently administer the following scholarships
The James E. and Patricia Townsend Memorial Fund provides scholarships for students pursuing careers in the computer field and/or Boys & Girls Clubs involvement.
BGC Northwest San Diego Trade, Technical & Vocational Scholarship
Provides financial assistance to those pursuing education/certification from a trade, technical or vocational school rather than a traditional college or university.
Contact Us
Mailing Address
533 Lomas Santa Fe Dr.
Solana Beach, CA 92075
Foundation Office
533 Lomas Santa Fe Drive,
Solana Beach, CA 92075
(858) 755-9012
Fax: (858) 793-3545