Title: A DAF's Beauty is in the Eye of the Donor
Presenter: Carlos Byrne and Sindy Craig
Date: April 30, 2019
Time: 1:00 - 2:00 p.m. EST
Donor Advised Funds have become one of the most popular vehicles utilized for philanthropic giving. Why is this occurring, and how can charities benefit from this mega-trend? We will explore these questions and more by reviewing current DAF “rules of the road,” examining the attraction of DAFs, and discussing creative ways DAFs are being utilized by donors. The focus will then shift to potential strategies for fundraisers and their organizations to leverage DAFs and DAF donors. This portion of the presentation will include a forum where audience members are encouraged to share their experiences, ideas, questions, etc.
Learning Objectives
Explain DAF rules and the tax incentives for using them.
Describe why DAFs are attractive to donors, as well as recognizing some of the creative ways that DAFs are being utilized.
Develop and share strategies around using DAFs in support of fundraising efforts.
Carlos Byrne
national director, donor advised fund services, bny mellon wealth management
Carlos Byrne is the national director of donor advised fund services for BNY Mellon Wealth Management. In this role, he manages the team responsible for the oversight, investment management and administration of the BNY Mellon Charitable Gift Fund, a donor advised fund established in 2013. Carlos also provides expertise in support of institutional clients’ donor advised funds and the Gift Fund’s private label donor advised fund program.
Carlos joined BNY Mellon in 1997 and previously served as a director of relationship management in the planned giving services group.
Carlos received a bachelor’s degree from Cornell University, a master’s degree from Baruch College (CUNY), and is a Chartered Advisor in Philanthropy®. He is currently a Board member of the National Association of Charitable Gift Planners (formerly PPP). He is also a member of the Planned Giving Group of New England and has served on their Executive Board.
Sindy Craig
Senior Director of planned giving and endowments, the Jewish community federation and endowment fund
Sindy L. Craig, J.D., LL.M., is senior director of planned giving and endowments at the Jewish Community Federation and Endowment Fund in San Francisco, CA. She was previously director of planned giving at The San Francisco Foundation. Sindy is a passionate charitable gift planner and director of planned giving who enjoys working with donors and families to create current and future giving plans. She has 25+ years of nonprofit experience and diverse major and planned giving fundraising experience within higher education, health care and community foundation fundraising environments, including positions at The Ohio State University Wexner Medical Center and the University’s (7) health science colleges, Kenyon College and the University of Vermont. Sindy began her gift planning tenure at Middlebury College.
Sindy is a graduate of Bowling Green State University. She earned a J.D. from the University of Oklahoma and an LL.M. in taxation from the University of Washington. She has served as a board member of the National Association of Charitable Gift Planners and the Northern California Planned Giving Council and is a past board member and chair of the education committee of the Central Ohio Planned Giving Council. Sindy is a member of the state bars of Oklahoma and Washington and a leader within the Junior League of San Francisco.