Report: Donor-Advised Funds Grants to Charities Exceed $9.66 Billion
2014 Donor-Advised Funds Report: National Philanthropic Trust report reveals total charitable assets in DAFs grew nearly 20 percent to a record $53.74 billion.
"Every dollar in a donor-advised fund is destined for charitable organizations," said Eileen Heisman, president and CEO of National Philanthropic Trust and author of the DAF Report. "Philanthropists donate to their DAFs to support what means most to them over time. This kind of thoughtful philanthropy, plus the fact that DAF contributions and grants have seen double-digit growth for several years now, bodes well for charities here and around the world."
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