National Philanthropic Trust Takes Issue With DAF Report Coverage
The head of the trust argues that the Chronicle did not provide a fair and balanced depiction of the report and its data.
In 2022, the nonprofit world faced a multitude of problems, including high inflation, a likely decline in giving, and a scandal engulfing a leading proponent of effective altruism. But a report looking at the last 30 years of philanthropy spotlights a resilient and ever-evolving field.
By Leslie Lenkowsky
Contributor
Fidelity Charitable Says New Grants to Surpass Deposits in 2022
It would be the first year since 2018 that the value of grants from its donor-advised funds exceeded the value of investments going into the funds.
By Glenn Gamboa
AP Business Writer
Donor-Advised Funds Are Already Simple And Fair
DAFs don’t need fixing and aren’t used by wealthy people to warehouse their money, former foundation president argues.
4 Ways to Make Donor-Advised Funds Simpler and Fairer
At a time of increased criticism about how the philanthropic world operates, congressional legislation aimed at reining in DAFs needs to go further. Among other things, it should address issues such as the funds’ lack of transparency and their tax advantages over foundations.
By Craig Kennedy
Contributor
New Poll Finds Support for Foundations — but Not the Hefty Tax Breaks Their Donors Get
The study also found that people across the political spectrum want to speed money to charities from foundations and donor-advised funds.
By Alex Daniels
Senior Editor, Foundations
Fundraisers Do Care About DAF Regulation — but We Also Need to Work Within the Current System
A fundraiser for one nonprofit takes issue with the view expressed in a recent op-ed that professionals like her aren’t interested in efforts to regulate donor-advised funds.
Despite controversies swirling around donor-advised funds, efforts aimed at speeding money from DAFs are of minimal interest to most fundraisers. On a recent well-attended webinar on managing and using gifts from the funds, the subject didn’t even come up.
By Leslie Lenkowsky
Contributor
Muslim American Giving Aimed at Poor Totaled $1.8 Billion Last Year, Study Shows
The study found the biggest share of gifts to meet faith obligations went to international organizations.
By dan.parks
Contributor
Coverage of New DAF Study Misses Bigger Picture About Giving From These Accounts
A report shows large donor-advised fund investors give consistently to charity and aren’t warehousing funds, says Philanthropy Roundtable’s policy director.
Biden Proposes Measure to Deter Foundations From Skirting Distribution Rules by Giving to DAFs
Supporters say the proposal would direct more money from private foundations to charities every year. Critics say it would undermine donor privacy, among other harmful effects.
By dan.parks
Contributor
Biggest Donor-Advised Funds Are Slower to Distribute Assets, Study Finds
But of small funds, nearly 80 percent distribute money to charities rapidly enough to deplete the initial contributions to those accounts, according to a new study of a limited number of account sponsors. The data can be helpful to fundraisers as well as policy makers.
By dan.parks
Contributor
Lawmakers Express Concerns Over Efforts to Speed Giving From Donor-Advised Funds
Their letter takes aim at the bipartisan Accelerating Charitable Efforts Act without mentioning it by name, saying it would reduce charitable giving.
By dan.parks
Contributor
Donor-Advised Fund Grant Making Grew Slower in 2021 After Strong Showing Earlier in the Pandemic
At the same time, new data compiled by the Chronicle shows that donor-advised funds are rapidly gaining ground on private foundations — and have already eclipsed them by some measures.
By dan.parks and Michael Theis
$20 Million Contribution Seeks to Spark Donor-Advised Fund Gifts to Groups Led by People of Color
The Kataly Foundation made the grant to a group that will require donors to give at least 10 percent of their assets each year.
By Alex Daniels
Senior Editor, Foundations
Council on Foundations’ DAF Recommendations Deserve a Closer Look
Members of the group that wrote new recommendations on donor-advised funds say recent coverage doesn’t convey the full scope of the proposed strategies.