From Jewish Insider (June 11, 2021)
“Nobody has an interest [in] parking the money [in donor-advised funds] forever, because you can’t go and buy stuff,” said Andres Spokoiny, president and CEO of the Jewish Funders Network, an organization that connects donors who give at least $25,000 annually in the name of Jewish values. “The reason why people park it is because either they’re saving it for children, because they’re waiting for something, or because they don’t have clarity on what to do.”
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Read full article by Gabby Deutch in Jewish Insider.
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