Want to bless your family with a God-honoring will?
The Opposite of Hogwash
During the 1600s, potters used an orange-hued clay called “pygg” to make dishes and jars. These containers were sometimes used to hold spare change and became known as “pygg pots.” By the 19th century people had begun requesting their money jars be made into pig shapes – and thus the “piggy bank” was born.
Modern “piggy banks” come in all shapes and materials, and almost universally allow money to be added and withdrawn. But there’s a special grown-up piggy bank that securely holds your money until you’re ready to grant funds as a charitable gift. These “Donor Advised Funds (DAF)” are accounts where you can set aside money strictly for benevolence. Essentially, you’re giving before you give.
People love DAFs because they’re:
· Simple. To bless a charity like City Rescue Mission you simply contribute to your DAF then have gifts distributed where and when you’re ready to give.
· Flexible. DAFs allow you to bless multiple organizations from one account. Plus, you can easily contribute a wide range of assets to fund a DAF.
· Generational. While funds deposited into a DAF are irrevocable, the actual account can be easily transferred to your children. This ensures your loved ones will carry on your legacy of generosity and impact.
The book of Matthew says, “For where your treasure is, there your heart will be also.” This generally means your heart goes wherever you place your money – but DAFs embody this verse in a unique way. Donor Advised Funds allow you to put your treasure right where your heart already is!
For the full version of this article, request a FREE copy of “The Piggy Bank that Changes Lives” by contacting Angela A. Washington at (904) 421-5147 or awashington@crmjax.org – or bless your family today with a God-honoring Will at christianwill.org/crm
