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?
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.