Tap Into The Money: DAFs and The Future of Fundraising | Essay 1
Recently, our CEO, Brian Crimmins, sat down with President and CEO of National Philanthropic Trust, Eileen Heisman to dive into the impact of donor-advised funds (DAFs) on the philanthropic sector.
In the last eight years alone, donations to DAFs grew from 4.4% to 10.2% of total individual giving—and in the one-year period 2016-2017, the number of funds increased by 60.2% and grantmaking by 20%. There are now nearly half a million donor-advised funds with $110 billion in assets giving away just under $20 billion per year.
But despite their increasing prevalence, many myths prevail about how they’re used, whether funds donated from a DAF can be tracked back to individual donors and the role of DAFs in campaigns. Changing Our World’s latest publication, Tap into the Money: DAFs and the Future of Fundraising, builds on Brian and Eileen’s discussion, debunking the myths and offering actionable advice. Click here to learn more about how nonprofits might harness the power of DAFs to more closely support their missions.