Running a business in Central New York has been very rewarding, and has
inspired us to give back to the community that supported us.
Our success provided the means to open a donor-advised fund at the
Community Foundation, which offers a simple, flexible and cost-effective
vehicle for managing our charitable giving. We closed our private
foundation in favor of a donor-advised fund because of its low fees and
ease of management. It is comforting to know that we can count on the
Community Foundation as stewards of our permanent fund, faithfully
executing our charitable wishes even after we are gone.
In addition, the Community Foundation's exceptional financial
stewardship led us to feel confident in turning over the management of
our Charitable Remainder Trust to their capable hands. The Community
Foundation will manage the origination of the fund upon Steve's death,
as well as its subsequent management and distribution. We know that
after Steve passes on, the Community Foundation will continue to manage
our funds with the same philosophy and intent that we embrace.
We have been blessed with success, thanks to the support of our
community over the years. We give locally as a way to show our
appreciation, and invite others to join us in giving back through the
Community Foundation. We want to encourage other local business owners
to think about where they would like their money to go and to consider
giving back to the community that helped make their businesses
successful. It truly is
Where the Smart Money Gives.
- Steve & Elaine Jacobs