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.