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.
“[DAFs] have gotten incredibly popular in the last five to eight years, and the speed they’re growing has overtaken [the speed in which] private foundations [are growing],” says Eileen Heisman, president and CEO of National Philanthropic Trust.
How popular have they gotten? According to National Philanthropic Trust’s 2013 Donor-Advised Fund Report:
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- Companies:
- Charity Navigator
- Fidelity Investments
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