News & Seminars

Celebrating the YMCA Retirement Fund's 96th Anniversary
Five CEOs

The YMCA Retirement Fund has had five CEOs spanning its 96-year history.

On July 1, the YMCA Retirement Fund celebrated the 96th anniversary of its first day of operations on July 1, 1922. Although the YMCA Retirement Fund was incorporated in the state of New York in 1921, the Fund still required sufficient capital to begin operations. The Fund’s actuary determined that $3,700,000 would be needed to ensure retirement allowances for YMCA professionals who were already employed and likely to participate in the benefit. A fundraising goal of four million dollars was set.

YMCA employees were challenged to raise $100,000, but far exceeded this number and raised $335,000. After two and a half years of fundraising and securing pledges from donors, including John D. Rockefeller, Jr., the Fund reached its goal of four million dollars. The start of the Fund was formally announced at the Million Dollar Pier in Atlantic City, New Jersey, in 1922. Today, the YMCA Retirement Fund remains 96 Years Strong. We are proud of our history of serving and empowering Y employees to achieve financial security.