April 24, 2024

Manatts to donate $5 million to Newton YMCA

The Newton YMCA has announced it has received a capital endowment gift of $5 million over the next three years from Brad and Mary Manatt. The gift is to be used for present and future capital need projects of the Newton YMCA.

“We have been blessed by this wonderful gift from Brad and Mary and will be forever grateful to them for their years of volunteerism and financial support,” Newton YMCA CEO Frank Buckley said. “A gift of this size helps ensure Y experiences are enjoyed by future generations to come. A strong capital endowment is critical in providing a facility which can support the programs and services needed in our community.”

Over the coming months a team of YMCA advocates and Y professional staff will develop long-term plans for how this endowment may be used to ensure the Y’s future and endow programs and services that further the YMCA’s mission to develop youth, promote healthy living and foster a sense of social responsibility.

“It’s important to understand that continued financial support no matter how large or small for the annual campaign, memberships and business sponsorships are still needed to make sure that everyone in our community desiring to participate in the Y may do so today and tomorrow,” Buckley said.

“We’re pleased to be able to give this level of support to one of Newton’s great assets. The Newton YMCA has served as a cornerstone for years and we want for youth in future generations to have a Y experience,” Brad Manatt said. “It’s played a significant role in both Mary and my life along with programs that meet the needs of our kids.”