Yes, you can gift YEPs to another member. Go to the Premium Membership link on any Eliters page (lower left side). You can choose to purchase a Membership or YEPs in increments of 1000 to 5000 YEP packages.
You can also donate a Silver Membership to a Tourney, as outlined in Help Topic 2129.
Another option is to Buy YEPs using funds in your Eliters Ca$h account and purchase YEPs (options ranging from 150 up to 2000 quantities).
Disclaimer: Eliters is a fun, friendly, and family tournament-based online League. Eliters Members can play online tournaments in many games of skill available on Free Play Sites on the Internet. Eliters is a non-gambling skill-based competition; No Gambling, Betting, or Wagering; Eliters is Free to all; you can register, participate in tournaments, and win points to continue playing forever completely Free.