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What the heck is a DAF?

What the heck is a DAF?

FromThe PMC Podcast


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 Pan-Mass Challenge raises money for life-saving cancer research and treatment at Dana-Farber Cancer Institute through an annual bike-a-thon that crosses Massachusetts. Since its founding in 1980, the PMC has successfully melded support from committed cyclists, volunteers, corporate sponsors and individual contributors. All are essential to the PMC's goal and model: to attain maximum fundraising efficiency while increasing its annual gift. Our hope and aspiration is to provide Dana-Farber's doctors and researchers with the necessary resources to discover cures for all cancers. This podcast discusses all things PMC.