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Interview with Donor Herb Goldsten, M.D.

1/9/2017

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How did you hear about the Skagit Community Foundation?

Herb: My wife, Theresa, served on the board several years ago.

Why did you choose to set up a Donor Advised Fund with us?

Herb: It gives me the opportunity to precisely choose local charitable organizations and be assured the money is properly utilized because the Skagit Community Foundation does the due diligence. I can be flexible about who receives funds from year to year and change the target of my grant recommendations over its lifetime.
Why did you use stock to establish the fund?
​

Herb: The stock was at its peak and the donation afforded me maximum tax benefits.
What do you hope to accomplish with your Donor Advised Fund?
​I hope to allocate grants to organizations that embody the ideology I feel is important in life: personal excellence, environmental conservation, and human kindness.
What would you like to tell other people about your experience so far?

​Herb: Give yourself more time to get educated on the philanthropy industry. Sort through the options and don't wait until the end of the year. Have the inward conversation with yourself about how you would like to see your money disbursed. You can't take it with you. If you don't plan, your money will go to the government by default. A Donor Advised Fund at the Skagit Community Foundation is a wonderful concept because they can help me support the values I care about in my lifetime and they will continue funding in these areas when I'm gone.
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phone: 360.419.3181  |  physical address:1220 Memorial Hwy, Suite C,  Mount Vernon, WA   982730-+
mailing address: P.O. Box 1763,  Mount Vernon, WA   98273
© 2020 The Skagit Community Foundation. All rights reserved.
The Skagit Community Foundation is a nonprofit charitable organization incorporated in the state of Washington and is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. 
​Tax ID (EIN) #91-1572414.
  • Skagit Valley Disaster Relief Fund
  • Donate Now
  • About Us
    • Leadership
    • Finances
    • Our Impact
    • Publications & Media >
      • Photos
      • Videos
      • Downloads
  • Grant Opportunities & Guidelines
    • Grant Opportunities & Guidelines
    • Anacortes Women's Giving Circle
    • 2019 Awards
    • 2018 Awards
    • 2017 Awards
  • Planned Gifts
  • Scholarships
  • FAQ
  • Contact