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Giving - Opinion DAF is popular giving vehicle

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Posted: Wednesday, October 21, 2015 10:00 am

Attending the Jewish Community Foundation of Greater Phoenix’s (JCF) recent program “The Grandest Love: Inspiring the Grandparent-Grandchildren Connection” with author and former Chicago JCCs executive director Jerry Witkovsky reminded me of how as a grandparent or parent we can create a family tradition of giving that might be one of the most important legacies of all to pass on to the next generation. Teaching by example is the most powerful lesson. Like someone once said, “We make a living by what we get, but we make a life by what we give.”

There are a variety of ways to give, but I want to focus on the fastest-growing charitable vehicle, Donor Advised Funds (DAFs), which are used by teens, young tech billionaires, retired teachers and everyone in between.

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