Community YMCAs on Track for Historic Financial Assistance Year
Central Bucks Family YMCA and sister-organization Lower Bucks Family YMCA recently released third-quarter financial data putting them on track for an historic year of financial assistance and outreach in 2017. Both organizations are local nonprofits serving the community for over 50 years and over 80 years respectively.
Financial reports from January through August 2017 indicate that Central and Lower Bucks Family YMCAs received over 1,000 applications for financial assistance. From those applications, over 1,200 programs were granted in Central Bucks with almost 500 in Lower Bucks. As of mid-October, financial assistance has increased by over 40% from 2016 to 2017 with end of year reporting still to come.
Twenty-seven percent of applications came from single family homes in both locations. Top financial assistance requests revolve around children and families with summer camp, youth education and memberships ranking top 3 respectively.
"It's not difficult to understand why requests are at an all-time high this year," said Catherine Refice, coordinator of the financial assistance program at the Y. "I believe there is a greater awareness that the Y is here and is a source of help, whether it's for summer camp or a family membership to one of our facilities."
Financial assistance is granted through an application process and calculations which take into account household income, total household members and other extenuating circumstances like job loss, medical issues and change in family status. From 2014-2016, Central Bucks provided aid to 561, 557 and 605 families respectively. This year, the total is already over 700 with two months remaining in the year.
"Making YMCA programs and services available to everyone in the community, regardless of their financial situation is at the core of the Y's mission," commented Zane Moore, President/CEO of the Central and Lower Bucks Family YMCAs. "It is through the generosity of our individual and corporate donors that we are able to ensure no one is ever turned away from the Y. As community need increases, donations and financial support of the Y is more important than ever."
Financial assistance programs at the Y are supported by individual donors, corporate sponsorships and grants. Financial assistance provides membership and program opportunities to youth and adults of all abilities in our community. Outreach programs like 7th grade memberships, THRIVE Cancer Wellness, Empower U for teen girls, Veterans Wellness program, and Living Active for seniors are a few of the programs offered free-of-charge that fill a vital need in the community.