make a charitible impact
The Ron and Cathy Davis Family Fund
Ron and Cathy Davis established this donor advised family fund in December 2017 in order to support the charitable causes close to their hearts.
The More You Give, the
More You Want to Give
This article appeared in The Community Foundation's 2018/2019 Annual Report.
Cathy and Ron Davis learned about the value of giving back throughout their careers working at organizations that put a high value on community philanthropy. “We both find the more you give, the more you want to give.”
According to Cathy and Ron, “It’s simply part of being a good citizen. It’s our responsibility to help make our community the best place it can be to live a good life.”
The decision to open a Donor Advised Fund at The Community Foundation was part of their financial planning process. Both Chad Leitch, Thompson & Associates estate planning advisor for Mary Washington Hospital Foundation, and their attorney, Paul Simpson of Parrish, Snead, Franklin, Simpson, recommended it as a good way to give to our community while lessening their tax liability.
“We had both wanted to open a family fund and this seemed the right time to do it.”
The couple view the fund as a great opportunity to involve their son Nick in giving decisions and help share their values related to giving back.
About Donor Advised Funds
Donor Advised Funds provide a simple, powerful and very personal approach to giving.
Donor Advised Funds are very flexible, both in purpose and through time, allowing your goals to evolve.
When you establish a Donor Advised Fund, you may recommend charities to support at any time during the year, or you may request support from foundation staff to identify the best ways to make a difference in the causes you care about most.