Caragh Fahy and her two sons stand in from of a playground

Caragh Fahy: Giving for Generations

Caragh believes that building a financial plan is like putting together a puzzle and charitable giving is an important piece.

With more than 20 years of experience in the financial services industry, Caragh Fahy began thinking about her family’s philanthropic plan early on. It was important to her that they effectively incorporated charitable giving into their overall financial picture.

Caragh explained that building a financial plan is like putting together a puzzle and charitable giving is an important piece. Her family set up a donor-advised fund at the Community Foundation because they believe it is a smart way to give.

“I can make an impact on Central New York now while having our charitable wishes continue for generations,” said Caragh.

Caragh enjoys engaging her sons in the current giving from their fund to organizations that support youth and outdoor revitalization. The fund will receive a legacy gift with a contribution from her retirement investment accounts when she passes away.

“I am comforted knowing that my sons will carry forward our love for this community through our charitable legacy for years to come,” she said.

Related Stories

A group of people talking at a table
News Releases March 31, 2026

Central New York Community Launches Participatory Budgeting in Oswego County to Begin Centennial Celebration

Community members invited to help decide how $75,000 will be invested locally.

hand holding growing money
Publications March 23, 2026

New York State Estate Tax Cliff & The Santa Clause

New York’s estate tax “cliff” creates a narrow but critical planning window: In 2026, estates ...

Blogs February 24, 2026

What We Are Up To | CNYCF Staff Updates

Our staff takes pride in not just serving our community, but actively shaping its future. ...

Blogs December 23, 2025

What We Are Up To | CNYCF Staff Updates

Our staff takes pride in not just serving our community, but actively shaping its future. ...

Close up of woman
Stories December 19, 2025

Syracuse’s First Black Teacher Passes On Her Blessings

Marjorie Dey Carter spent her life opening doors for others. As Syracuse City School District’s ...

Woman standing
Stories December 9, 2025

Long-Lasting Giving: Karin DeLaney

Karin DeLaney, Trusts and Estates and Elder Law Attorney - Member at Bousquet Holstein, PLLC, ...

hand holding growing money
Publications December 9, 2025

Three Planning Scenarios for Year-End and Beyond

Three clients, one common theme: In 2025, giving early, donating appreciated stock and using Qualified ...

Group of People Standing In Front of Water Fountain
Publications December 9, 2025

Turning Clean Water Access Into a Reality for Syracuse Students

Giving Voice Fall 2025: Donor Story

Blogs October 28, 2025

What We Are Up To | CNYCF Staff Updates

Our staff takes pride in not just serving our community, but actively shaping its future. ...

A group of people talking at a table
News Releases March 31, 2026

Central New York Community Launches Participatory Budgeting in Oswego County to Begin Centennial Celebration

Community members invited to help decide how $75,000 will be invested locally.

hand holding growing money
Publications March 23, 2026

New York State Estate Tax Cliff & The Santa Clause

New York’s estate tax “cliff” creates a narrow but critical planning window: In 2026, estates ...

Blogs February 24, 2026

What We Are Up To | CNYCF Staff Updates

Our staff takes pride in not just serving our community, but actively shaping its future. ...

Blogs December 23, 2025

What We Are Up To | CNYCF Staff Updates

Our staff takes pride in not just serving our community, but actively shaping its future. ...

Close up of woman
Stories December 19, 2025

Syracuse’s First Black Teacher Passes On Her Blessings

Marjorie Dey Carter spent her life opening doors for others. As Syracuse City School District’s ...

Woman standing
Stories December 9, 2025

Long-Lasting Giving: Karin DeLaney

Karin DeLaney, Trusts and Estates and Elder Law Attorney - Member at Bousquet Holstein, PLLC, ...

hand holding growing money
Publications December 9, 2025

Three Planning Scenarios for Year-End and Beyond

Three clients, one common theme: In 2025, giving early, donating appreciated stock and using Qualified ...

Group of People Standing In Front of Water Fountain
Publications December 9, 2025

Turning Clean Water Access Into a Reality for Syracuse Students

Giving Voice Fall 2025: Donor Story

Blogs October 28, 2025

What We Are Up To | CNYCF Staff Updates

Our staff takes pride in not just serving our community, but actively shaping its future. ...

View More