Donor-Advised Fund Impact Story: Using a DAF To Donate Rare Items

Ralph R. Teetor invented cruise control for automobiles, and was the longtime president of the automotive parts manufacturer The Perfect Circle Corporation. He was blind since childhood, and in his later years, he relied on his two rare Patel Phillipe repeater watches and their chimes to tell the time. This gave him a level of independence that he valued. Upon his death in 1982, his daughter…