Step into a “Seismic Shift” of Generosity
Did you know a single DVD of the film “Apollo 13” was responsible for the demise of Blockbuster? It’s true! The concept for what would become Netflix actually came to a gentleman named Reed Hastings when he was forced to pay $40 in overdue fines for the video he’d forgotten to return until well past its due date. That one isolated incident created a seismic shift in the way we watch digital media.
These types of “seismic shifts” are happening all around us. In fact, according to Boston College Center on Wealth and Philanthropy, the biggest wealth transfer in US history is happening now — to the tune of $59 trillion! But in order for this transfer to successfully pass from one generation to the next, individuals will need to exercise wise Estate planning in how they give to their heirs, loved ones and the non profits they care about.
One way to structure your giving is through a “Donor Advised Fund” (DAF). DAFs are the country’s fastest-growing charitable giving tool because they’re simple, flexible and tax-efficient. Here’s how they work:
When you give through a DAF, you’ll step into a seismic shift of generosity. Every gift you name to a charity like Precept Ministries International — whether large or small — will create a ripple effect in the lives of those they serve — and bless you in return. As Proverbs 11:25 says, “The generous will prosper; those who refresh others will themselves be refreshed.”
Don’t miss out on an opportunity to bless the next generation in a seismic way. Could a Donor Advised Fund (DAF) be right for you?
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