Here at DAFinitive®, we know that the story behind the philanthropy is just as important as the gift itself. In the first of an ongoing series, we’d like to shine a light on donor-advised fund sponsors and community foundations to see what’s driving philanthropy in our neighborhoods. The Community Foundation of New Jersey (CFNJ) was […]
DAFinitively Speaking
Here’s why donors are rushing to open DAFs
Contributions to DAFs were up more than 20% last year and DAF giving was 10% of all giving in the US last year. Back in 2015 there were 260,000 donor advised funds. Today, there are over a million, and the growth in the number of DAFs between 2020 and 2021 alone was over 16%. That’s […]
Donating or designing? What do tubs, tanks and towers have to do with philanthropy?
I’ve spent a lot of time during the pandemic fixing up our house. Maybe my perspective is skewed. When I read the excellent paper “Tubs, Tanks and Towers: Donor Strategies for DAF Giving” from the Romney Institute for Public Service and Ethics from Brigham Young University, it simplified and clarified the giving strategies within the […]
Donor Advised Funds and their Impact
Donor Advised Funds, or DAFs, are philanthropic bank accounts that just about anyone can set up with one of the 976 sponsoring organizations in the US, or a growing number of sponsors across the globe, including Australia, Canada, France, the UK, and more. Sponsors include regional community foundations, the nonprofit arm of a for-profit financial […]
