105: The Nonprofit Leader’s Guide to Demystifying Donor Advised Funds (Catherine Warfield)

105: The Nonprofit Leader’s Guide to Demystifying Donor Advised Funds (Catherine Warfield)

SUMMARY

While the knowledge required for successful nonprofit leadership is extensive, one area that can be challenging - and even intimidating - is legacy or planned giving.  Complicating this subject are the various philanthropic vehicles many donors are using, especially the increasingly popular Donor Advised Fund.  What are they? How do they work? How can your nonprofit better engage the donors who use them? These are exactly the questions Catherine Warfield and I discuss in episode #105 the Path, as she brings her expertise and practical insight to explain these important concepts. Catherine also provides great reminders about the partnership potential that is available at your local community foundation, and how you can better identify and utilize the resources you may not know exist.

ABOUT CATHERINE

Catherine serves as Senior Vice President, Philanthropic Advancement at Foundation For The Carolinas, leading a team dedicated to business development and relationship management for the Foundation's three centers for giving: Center for Personal Philanthropy, Center for Nonprofit Sustainability and Center for Corporate Philanthropy. During her tenure at FFTC, most of her client work has been with individuals and families on current gifting strategies, legacy planning, and multi-generational family engagement and grantmaking. In addition to her management responsibilities, she maintains a portfolio of significant family and foundation relationships. Catherine has been with FFTC since late 2007 after previously working for RBC Bank in Charlotte in the Treasury Management and Mortgage departments. She is a graduate of UNC Chapel Hill and obtained her CFP certification in 2013. Catherine previously served on the Board of Directors for the North Carolina Blumenthal Performing Arts Center, the Board of Managers for the Childress Klein YMCA and the Board of Crisis Assistance Ministry.

EPISODE TOPICS & RESOURCES

• Steven Goldberg’s book Billions of Drops in Millions of Buckets
• Steven Covey’s book The 7 Habits of Highly Effective People
• Check out Catherine’s FFTC colleague Michael Marsicano in Episode #99
• Ready for a Mastermind?  Check it out here