The organization has long been pushing donors to direct money toward nonprofits they may have never heard of before — small charities working to rebuild communities. Its peers around the country have taken notice.
Legislation Intended to Speed Up Giving Gets a Boost in Congress
Republicans and Democrats in the House introduced a measure that would affect donor-advised funds and foundations. It resembles a proposal in the Senate.
Community Funds Urged to Set Annual Distribution Rate
The Council on Foundations, which represents many community funds, said the minimum annual distribution should be the same as for private foundations, at least 5 percent of assets.
The Status Quo Is Not Acceptable When It Comes to Donor-Advised Funds
An expert in nonprofit tax law argues that reforming DAFs is the only way to ensure they serve a genuine charitable purpose.
Let’s Worry Less About How DAFs Help Donors and More About How They Can Help Those in Need
A Council on Foundations member and community fund leader finds fault with a recent opinion piece by the council’s leader who argues that donor-advised funds democratize philanthropy.
Few Donor-Advised Fund Grants Are Anonymous, Controversial Study Says
However, one expert and advocate for new regulations on donor-advised funds said the study has serious methodological flaws that casts doubt on its findings.
Donor-Advised Funds Don’t Pass the Democracy Smell Test
A former director of development says DAFs widen the power imbalance between donors and nonprofits.
Donor-Advised Funds Are Essential to Democratizing Philanthropy
Proponents of federal regulation say the accounts are piggy banks for the wealthy. But they are missing out on how essential DAFs are for encouraging people of more moderate means to give generously.
This day reminds us that donors pay attention to deadlines. Now is the time to impose them on donor-advised funds.
Philanthropist Couple Urges Wealthy Donors to Give Now
Jennifer and David Risher started the #HalfMyDAF campaign to encourage people to give more from their donor-advised funds. They also support Worldreader, a nonprofit David co-founded to provide books to young people in underserved places.
Education Charities Continue to Receive Largest Share of Donor-Advised Fund Grants
Grants from DAFs accounted for 6.1 percent of all dollars received by charitable organizations in 2018, up from 3.8 percent five years earlier, according to a new report from the Giving USA Foundation.
Charities and Foundations Spent $352 Million on Disaster Efforts in 2019
Half went to relief and response projects, while preparing for catastrophic events was the second most popular use of nonprofit funds. Still, government spending is far more, accounting for over $29 billion.
Donor-Advised Funds Saw Rapid Growth in 2020
The amount donors sent to charities from those funds reached $34.7 billion, a 27-percent increase from 2019.
Measure on Donor-Advised Funds Misses Opportunity to Produce Genuine Societal Benefits
Rather than focusing on payout rates to nonprofits, ACE Act supporters should consider how donor-advised-fund assets are invested. Specifically, they should push for legislation that encourages DAF holders to make investments that help communities in need.
As Foundation Assets Balloon, Their Giving Needs to Catch Up — Now
Rather than aiming their fire at donor-advised funds, those concerned about charitable giving should focus on large foundations, flush with stock-market cash, that have failed to match their growing assets with higher rates of nonprofit funding.
Donations to Small Nonprofits Hit Harder by Covid Than Gifts to Larger Ones, Study Shows
Four in 10 nonprofits with annual budgets of less than $500,000 saw a decrease in donations in 2020 compared with 29 percent of larger ones.