Wednesday, November 11, 2015

Grants Via DAFs Hit Record $12.49 Billion - The NonProfit TimesThe NonProfit Times

Grants Via DAFs Hit Record $12.49 Billion - The NonProfit TimesThe NonProfit Times: "Grants made through donor-advised fund accounts hit an all-time high of $12.49 billion in 2014, a 27-percent increase from 2013’s $9.83 billion. Donor-advised fund accounts, which refer to irrevocable, tax-deductible contributions administered by a charitable sponsor with grants recommended by donors, accounted for 7.6 percent of all individual giving and 5.5 percent of all gifts to charities in 2014."



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