19 min listen
What the heck is a DAF?
FromThe PMC Podcast
ratings:
Length:
29 minutes
Released:
Apr 10, 2020
Format:
Podcast episode
Description
To alleviate some of the financial pressure that many people are experiencing due to COVID-19, the Pan-Mass Challenge announced that it would not be enforce the fundraising minimums for the first time in the ride's history. PMC Chief Financial Officer, Michele Sommer, joins Kristin and Bill to discuss the impact of COVID-19 on charitable organizations, and how people are using the money that's already in Donor Advised Funds (DAFs) to support their favorite charities.Links mentioned:* Important Policy Change for 2020 https://www.pmc.org/blog/important-policy-change-for-2020* What is a Donor-Advised Fund? Source: Fidelity Charitablehttps://www.fidelitycharitable.org/guidance/philanthropy/what-is-a-donor-advised-fund.html• Pan-Mass Challenge Case Study (pdf) Source: DAF Directhttp://www.dafdirect.org/DAFDirect/popups/A-Widget-Case-Study-Pan-Mass-Challenge.pdf• PMC - Ways to Givehttps://www.pmc.org/ways-to-giveSupport the show
Released:
Apr 10, 2020
Format:
Podcast episode
Titles in the series (12)
The PMC Podcast, season 1 / episode 1 - PMC Kids Rides by The PMC Podcast