Donor-Advised Funds: Assets, Awards, and Accounts at a Sampling of Big Providers

May 30, 2002 | Read Time: 3 minutes

From the issue dated May 30, 2002

	Assets			Amount distributed to charities			Number of funds
	2000	2001	Percent change	2000	2001	Percent change	2000	2001	Percent change
Commercial Funds
American Gift Fund (Newark, Del.)	$4,574,407	$5,960,591	+30.3%	$964,182	$1,407,853	+46.0%	120	134	11.7%
Ayco Charitable Foundation (Albany, N.Y.)¹	161,938,986	195,344,142	+20.6	36,213,008	47,081,915	+30.0	1,098	1,365	+24.3
Calvert Social Investment Foundation (Bethesda, Md.)²	n/a	3,650,000	n/a	n/a	36,365	n/a	n/a	39	n/a
Fidelity Investments Charitable Gift Fund (Boston)¹	2,400,000,000	2,648,760,694	+10.4	574,000,000	735,914,318	+28.2	22,983	27,601	+20.1
Fund for Charitable Giving (Pittsburgh)	11,610,039	11,700,000	+0.8	3,404,231	2,180,061	-36.0	75	78	+4.0
Heartland Charitable Trust (Dubuque, Iowa)	5,346,494	4,734,285	-11.5	692,265	1,152,292	+66.5	96	102	+6.3
National Philanthropic Trust (Jenkintown, Pa.)¹	225,484,941	345,587,000	+53.3	1,953,274	25,878,000	+1,224.9	54	204	+277.8
OppenheimerFunds Legacy Program (Denver)³	270,000	5,566,527	+1,961.7	0	1,312,204	n/a	n/a	160	n/a
Raymond James Charitable Endowment Fund (St. Petersburg, Fla.)	7,000,000	13,000,000	+85.7	n/a	800,000	n/a	65	110	+69.2
Renaissance Charitable Foundation (Indianapolis)⁴	0	581,240	n/a	0	0	n/a	0	1	n/a
Schwab Fund for Charitable Giving (San Francisco)¹	61,862,972	139,513,683	+125.5	13,320,976	43,035,392	+223.1	1,500	3,369	+124.6
Scudder Charitable Foundation (New York)	29,000,000	30,000,000	+3.4	5,000,000	7,700,000	+54.0	51	53	+3.9
SEI Giving Fund (Oaks, Pa.)⁵	n/a	2,700,000	n/a	n/a	100,000	n/a	n/a	7	n/a
T. Rowe Price Program for Charitable Giving (Baltimore)⁶	2,010,000	6,783,000	+237.5	229,000	771,000	+236.7	91	200	+119.8
U.S. Charitable Gift Trust (Wilmington, Del.)⁷	28,149,703	45,000,000	+59.9	276,550	4,723,450	+1,608.0	426	819	+92.3
Vanguard Charitable Endowment Program (Malvern, Pa.)¹	171,466,300	288,845,600	+68.5	19,458,793	45,051,829	+131.5	1,268	2,099	+65.5
Community Foundations
Austin Community Foundation (Tex.)	42,330,906	42,505,765	+0.4	15,000,000	9,500,000	-36.7	110	110	0.0
Baton Rouge Area Foundation (La.)	82,000,000	42,000,000	-48.8	4,000,000	49,000,000	+1,125.0	105	120	+14.3
Boston Foundation1	230,393,325	219,961,935	-4.5	27,631,291	26,545,510	-3.9	438	464	+5.9
California Community Foundation (Los Angeles)¹	154,400,000	170,044,000	+10.1	47,725,000	32,300,000	-32.3	464	531	+14.4
Central Indiana Community Foundation (Indianapolis)	146,098,554	151,200,000	+3.5	2,714,809	9,500,000	+249.9	135	243	+80.0
Central New York Community Foundation (Syracuse)⁸	27,795,604	32,605,612	+17.3	3,223,906	2,626,815	-18.5	168	184	+9.5
Chicago Community Trust9	54,441,719	48,866,993	-10.2	4,033,334	3,425,482	-15.1	120	153	+27.5
Cleveland Foundation	61,000,000	92,708,140	+52.0	6,100,000	10,918,583	+79.0	128	212	+65.6
Columbus Foundation (Ohio)	70,918,649	65,240,668	-8.0	11,633,282	15,968,936	+37.3	359	387	+7.8
Communities Foundation of Texas (Dallas)¹	350,000,000	320,822,000	-8.3	31,720,000	29,141,000	-8.1	n/a	425	n/a
Community Foundation Alliance (Evansville, Ind.)¹	2,964,104	3,019,545	+1.9	34,562	73,507	+112.7	43	45	+4.7
Community Foundation for Greater Atlanta1	137,500,954	139,816,515	+1.7	14,402,651	21,301,899	+47.9	375	461	+22.9
Community Foundation for Southeastern Michigan (Detroit)	69,075,000	66,380,248	-3.9	7,880,700	10,040,000	+27.4	292	291	-0.3
Community Foundation for the Fox Valley Region (Appleton, Wis.)¹	21,723,000	22,456,000	+3.4	2,300,000	3,158,000	+37.3	115	132	+14.8
Community Foundation of Greater Memphis10	94,840,950	108,009,251	+13.9	23,711,855	28,355,485	+19.6	512	578	+12.9
Community Foundation of Louisville (Ky.)¹	45,360,725	47,111,693	+3.9	4,130,525	5,958,292	+44.3	70	82	+17.1
Community Foundation of Middle Tennessee (Nashville)	80,086,794	91,774,669	+14.6	11,376,521	41,786,208	+267.3	179	204	+14.0
Community Foundation Serving Richmond and Central Virginia	43,162,000	59,261,000	+37.3	6,562,000	7,096,098	+8.1	152	169	+11.2
Community Foundation Silicon Valley (San Jose, Calif.)¹	171,000,000	241,000,000	+40.9	27,000,000	35,000,000	+29.6	178	148	-16.9
Dayton Foundation (Ohio)¹	19,877,843	18,746,012	-5.7	1,299,472	2,138,109	+64.5	67	73	+9.0
Denver Foundation11	62,780,554	86,200,000	+37.3	12,100,000	12,593,000	+4.1	141	174	+23.4
East Bay Community Foundation (Oakland, Calif.)¹	40,500,000	53,500,000	+32.1	8,000,000	11,500,000	+43.8	140	178	+27.1
East Tennessee Foundation (Knoxville)	26,942,930	20,068,144	-25.5	12,480,085	13,899,326	+11.4	103	109	+5.8
Foundation for the Carolinas (Charlotte, N.C.)	71,410,000	80,743,211	+13.1	22,200,971	39,290,647	+77.0	705	721	+2.3
Greater Cincinnati Foundation	108,600,000	103,700,000	-4.5	15,400,000	17,000,000	+10.4	522	575	+10.2
Greater Houston Community Foundation	$36,903,194	$51,033,881	+38.3%	$4,653,000	$4,840,166	+4.0%	115	132	+14.8%
Greater Kansas City Community Foundation (Mo.)	297,572,000	278,709,000	-6.3	29,210,000	35,743,000	+22.4	502	547	+9.0
Greater Milwaukee Foundation	77,369,926	80,015,318	+3.4	8,290,020	10,692,580	+29.0	304	360	+18.4
Greater New Orleans Foundation	34,688,000	56,700,000	+63.5	3,750,000	4,100,000	+9.3	168	225	+33.9
Hartford Foundation for Public Giving (Conn.)⁹	79,777,151	87,301,877	+9.4	2,617,968	4,509,677	+72.3	111	124	+11.7
Marin Community Foundation (Larkspur, Calif.)¹	45,900,000	47,251,000	+2.9	6,695,000	8,764,000	+30.9	82	111	+35.4
Minneapolis Foundation12	168,887,037	185,071,927	+9.6	20,078,118	21,928,757	+9.2	333	427	+28.2
New Hampshire Charitable Foundation (Concord)	82,000,000	76,000,000	-7.3	3,900,000	3,700,000	-5.1	328	370	+12.8
New York Community Trust	711,000,000	648,000,000	-8.9	102,000,000	87,100,000	-14.6	841	928	+10.3
Omaha Community Foundation	9,461,655	10,563,543	+11.6	1,441,448	1,805,815	+25.3	35	37	+5.7
Oregon Community Foundation (Portland)¹	137,191,318	134,973,579	-1.6	12,376,269	10,909,949	-11.8	348	357	+2.6
Peninsula Community Foundation (San Mateo, Calif.)	217,850,082	254,047,000	+16.6	37,025,000	39,993,040	+8.0	343	362	+5.5
Pittsburgh Foundation	100,449,323	101,432,226	+1.0	5,367,018	5,225,547	-2.6	257	294	+14.4
Rochester Area Community Foundation (N.Y.)¹²	61,879,736	78,454,688	+26.8	10,851,040	7,805,734	-28.1	151	171	+13.2
Saint Paul Foundation (Minn.)¹³	256,234,788	245,111,729	-4.3	14,566,286	21,729,558	+49.2	318	411	+29.2
San Diego Foundation¹	176,000,000	209,000,000	+18.8	33,000,000	30,000,000	-9.1	276	305	+10.5
San Francisco Foundation1	233,288,888	250,000,000	+7.2	53,500,839	50,000,000	-6.5	292	349	+19.5
Seattle Foundation	115,497,918	119,857,761	+3.8	27,419,180	20,031,728	-26.9	463	435	-6.0
Sonoma County Community Foundation (Santa Rosa, Calif.)	8,489,700	9,843,600	+15.9	2,157,000	3,580,600	+66.0	82	91	+11.0
Triangle Community Foundation (Research Triangle Park, N.C.)¹	49,300,000	58,175,700	+18.0	10,800,000	13,232,795	+22.5	294	351	+19.4
Winston-Salem Foundation (N.C.)	58,200,000	57,319,885	-1.5	n/a	12,175,437	n/a	510	530	+3.9
Other Groups
American Endowment Foundation (Hudson, Ohio)	41,800,000	42,300,000	+1.2	1,800,000	2,800,000	+55.6	198	250	+26.3
Charities Aid Foundation America (Alexandria, Va.)	2,997,647	1,506,218	-49.8	4,484,085	3,844,370	-14.3	31	33	+6.5
Christian Community Foundation (Woodland, Colo.)	47,690,000	45,893,997	-3.8	18,268,000	15,856,728	-13.2	787	960	+22.0
Donors Trust (Alexandria, Va.)	1,806,172	17,866,079	+889.2	122,700	711,124	+479.6	5	13	+160.0
FJC (New York)¹²	63,000,000	65,000,000	+3.2	8,800,000	13,300,000	+51.1	404	521	+29.0
Harvard University (Cambridge, Mass.)¹	32,400,000	39,000,000	+20.4	5,100,000	4,200,000	-17.6	12	14	+16.7
National Catholic Community Foundation (Annapolis, Md.)	625,000	2,714,789	+334.4	49,766	1,026,940	+1,963.5	12	19	+58.3
National Christian Charitable Foundation (Atlanta)	350,000,000	362,000,000	+3.4	80,000,000	95,000,000	+18.8	1,217	1,600	+31.5
Presbyterian Church (U.S.A.) Foundation (Jeffersonville, Ind.)	4,800,000	4,322,718	-9.9	508,000	637,066	+25.4	19	23	+21.1
The Philanthropic Collaborative (New York)	49,061,398	43,862,506	-10.6	16,415,306	25,410,161	+54.8	42	59	+40.5
Tides Foundation (San Francisco)	157,000,000	155,900,000	-0.7	56,000,000	76,300,000	+36.3	275	300	+9.1
United Jewish Communities (New York)¹⁴	2,203,000,000	2,432,000,000	+10.4	n/a	n/a	n/a	n/a	n/a	n/a
World Vision (Federal Way, Wash.) ⁹	23,118,678	23,172,412	+0.2	13,465,288	9,726,400	-27.8	50	88	+76.0
Note: All data are for the end of the 2000 or 2001 fiscal years. n/a=Not available 1. Figures are for the fiscal year ending June 30. 2. Organization began offering donor-advised funds in October 2001. Figures cover three months. 3. Organization began offering donor-advised funds in December 2000. Figures for 2000 cover one month. 4. Organization began offering donor-advised funds in December 2000. Figures cover six months of the fiscal year ending June 30, 2001. 5. Organization began offering donor-advised funds in October 2001. Figures cover three months of the fiscal year ending June 30, 2002. 6. Figures are for the fiscal years ending March 31, 2001, and March 31, 2002. Figures for fiscal 2001 cover five months. 7. Organization began offering donor-advised funds in April 2000. Figures for 2000 cover eight months. 8. Figures are for the fiscal years ending March 31, 2001, and March 31, 2002. 9. Figures are for the fiscal year ending September 30. 10. Figures are for the fiscal year ending April 30. 11. Distribution figure for 2000 is estimated. 12. Figures are for the fiscal years ending March 31, 2001, and March 31, 2002. 13. Figures include affiliates. 14. Figures are for the fiscal year ending June 30. Figures for 2000 and 2001 are a projection by United Jewish Communities for 189 Jewish federations.