We’ve received a lot of interest around donor advised funds, also known as DAFs, so wanted to share a bit about what they are and their pros and cons.
How to create a giving plan
While it might feel satisfying to watch bank accounts and investment accounts increase in size, once our needs are met, once we’ve reached our savings and investment goals, what more does a growing account give us? At the end of the day, account sizes are just a number on a screen. It’s not about how much you have in an account, it’s what you do with it that matters. All this to say, we'd highly recommend you go through the heartwarming activity of creating a giving plan for yourself. We thoroughly enjoyed it and felt like it was well worth it. Here’s how you can get started.