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Donor-Advised Funds: Changing Philanthropy Landscape

A new study reveals that donor-advised funds (DAFs) are not exclusive tax shelters for the wealthy. The study shows that DAFs are democratizing philanthropy, supporting a wide array of nonprofit organizations. It also highlights the robust commitment to charitable giving among DAFs and the transparency of donors. Analysts predict the market for DAFs will likely grow as more individuals see the inclusivity and transparency of these funds, driving increased philanthropic efforts.

by Mark Eisenberg
Thu, Feb 15, 2024 10:27pm
in Business
• 3 mins read
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Donor-Advised Funds: Changing Philanthropy Landscape | FinOracle

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Donor-Advised Funds: A Philanthropic Game-Changer, New Study Reveals

In a groundbreaking study released by the Donor-Advised Fund Research Collaborative (DAFRC), donor-advised funds (DAFs) have been spotlighted as key vehicles in driving philanthropic efforts, debunking myths of being exclusive tax shelters for the affluent. The National Study on Donor Advised Funds, drawing from over nine years of financial transactions, provides compelling evidence that DAFs are democratizing philanthropy, supporting a wide array of nonprofit organizations.

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