Donor-Advised Funds: The Source Fundraisers Can't Afford to Ignore
There are pros. There are cons. Either way, donor-advised funds continue to grow in popularity, and fundraisers neglect them at their own peril.
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Joe Boland
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And, Heisman says, DAFs are often set up as an alternative to private foundations, and that’s beneficial for fundraisers for a couple of reasons. For starters, private foundations are mandated to give 5 percent of their assets to charity, and typically grant about that much, according to Heisman. DAFs give around 17 percent — or more than triple the amount, percentagewise, than private foundations.
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Joe Boland
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