Todd Gindy, a certified financial planner, likes to tell a story about Johnny Carson to illustrate how nonprofits miss a big opportunity when they don’t suggest donors use life insurance policies as a vehicle for charitable giving. For years, the longtime host of “The Tonight Show” gave $1 million every year to Children of the Night, an organization founded by Dr. Lois Lee to rescue child victims of sex trafficking.
I opened my mailbox to find several letters, a few bills and a host of requests for donations from various organizations that I have supported over the years. Because I am a stickler for organization, I sort the letters, place the bills in a folder marked "Look at me soon!" and the appeals for donations in one marked "Save the World." Between the needs of my local community, the Jewish community, our country and the world at large, I am seriously thinking about renting a storage unit for the hundreds of requests I receive annually.