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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“There is so much money in these accounts now, all organizations should look at that — and it’s already designated as charitable,” Sommer says. “If I was a development individual, I would hope that every single person in my department was very comfortable with DAFs.
“More and more accounts are being opened. It’s not for you to decide who has a DAF,” she adds. “You never know, so in your ask, always say you can give out of your DAF if you have one.”
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- Companies:
- Charity Navigator
- Fidelity Investments
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Joe Boland
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