What the heck is a DAF?
04/10/20 • 29 min
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 Charitable
https://www.fidelitycharitable.org/guidance/philanthropy/what-is-a-donor-advised-fund.html
• Pan-Mass Challenge Case Study (pdf) Source: DAF Direct
http://www.dafdirect.org/DAFDirect/popups/A-Widget-Case-Study-Pan-Mass-Challenge.pdf
• PMC - Ways to Give
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 Charitable
https://www.fidelitycharitable.org/guidance/philanthropy/what-is-a-donor-advised-fund.html
• Pan-Mass Challenge Case Study (pdf) Source: DAF Direct
http://www.dafdirect.org/DAFDirect/popups/A-Widget-Case-Study-Pan-Mass-Challenge.pdf
• PMC - Ways to Give
Previous Episode
The PMC Podcast, The Play Lady (Jimmy Fund Clinic)
In this episode Kristin and Bill are joined by Lisa Scherber, (The Play Lady) Director of Patient and Family Programs at Dana-Farber's Jimmy Fund Clinic. We discuss the Jimmy Fund Clinic, Pedal Partner Program and connection to the PMC. What is it like when a family gets a cancer diagnosis and shows up at the Jimmy Fund Clinic.
Thank you to our sponsor Sundin Sports Marketing - Putting Your Ideas Into Action.
Special thank you to Joe Zarbano for production assistance.
Next Episode
Living Proof
In this episode Kristin and Bill speak with 15-year Living Proof rider Carie Capossela of Team Carie's Crew about what it means to be part of the PMC Living Proof community and some memorable moments from past PMCs, including a truly special moment with another Living Proof rider during a very soggy PMC 2018.
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Living Proof riders and volunteers are celebrated during PMC weekend at Mass Maritime Academy in Bourne on Saturday and at Babson College in Wellesley on Sunday.
In 2019, more than 960 Living Proof riders and volunteers participated in the PMC.
(photo credit: Casey Photography)
The PMC Podcast - What the heck is a DAF?
Transcript
Announcer: 0:01
This is the PMC podcast with Kristen Brandt at Bill Alfano. Now, here's Kristen Brandt and Bill Alfano.
Kristin: 0:17
You're listening to the PMC podcast. This is Kristen. Brandt and I am here safely, physically distant from my co host Bill Alfano. Hello, Bill.
Bill: 0:28
Hello Kristin. I don't have to do that, I guess. Hi, Kristin. Hope you and your family are safe and well
Kristin: 0:00
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