When you read beyond the headlines of how much charitable giving occurred last year, you’ll find the economic backstory pretty alarming. Can you say “plutocracy”?
The nonprofit Global Impact, through Growfund, a platform that lets individuals set up donor-advised funds with no minimum, now provides fund administration services for giving circles so they can focus on raising and disbursing funds. One DC giving circle has seen its raised funds double since joining.
In Ireland, a community foundation aims to break the air of mystery around donor-advised funds.
United Way organizations all over the country are trying to re-engineer their roles to fit the new ecosystem of philanthropy. Since everything connects to everything else, as they change, so must many nonprofits.
Every locality is different, but in the Twin Cities, the relative trajectories of the United Way and the donor advised funds at local foundations appear to be crossing.
Giving USA has released its first large scale study on what kinds of organizations benefit from the increasing giving through donor-advised funds. What does this study about DAF giving tell us about donor choices—and, for that matter, the future of nonprofit sector giving analyses?
Long before the contents of the 2017 tax overhaul were finalized, and in the context of a booming stock market, most understood that DAFs would likely continue to grow significantly year over year. But what actually happened in December?
A new report finds that 2016 donations exceeded $23 billion, with the number for 2017 projected to be higher yet. Perhaps nonprofit associations should explore the need for further regulation of donor-advised funds, because they are obviously here to stay.
PREMIUM CONTENT | Donor-Advised Funds, or DAFs, are a rapidly growing staple in the giving of individual donors. But they are also controversial. This important original article by IUPUI’s Patrick Rooney explores how their use may affect the charitable money flows in our modern giving landscape.
The Chronicle of Philanthropy buries the lede in its annual top-400 donor report. Who ranks highest on the list is less important than the massive shift in donor patterns afoot. With giving through donor-advised funds rising exponentially, the importance of relationship-building with individual donors has never been greater.
