DAF Definitions
A charitable giving account donors set up at 501 C 3 public charity sponsoring organizations
What is a Donor advised fund?
Over the past decade, this charitable vehicle has experienced rapid, exponential growth
What are Donor Advised Funds?
The #1 motivation for DAF grantmaking
What is giving back? What is, my duty to give back because I can?
The #1 motivation for opening a DAF
What is an immediate tax deduction?
Monthly DAF contributions and grant amounts are spread evenly throughout the year
What is flexible DAF timing?
A tax-exempt organization that offers donor advised funds
What is a sponsoring organization?
$326 billion
What is the amount of assets held in DAFs?
The #2 motivation for DAF grantmaking
What is a Special Cause? What is a personal or emotional connection to an organization?
The #2 motivation for opening a DAF
What is ease of contributing non-cash assets?
Donors reported being somewhat or much more likely to use their DAFs for these 2 gifts
What are recurring and major gifts?
A tax-exempt organization registered with the IRS and recognized under Section 501 C 3 of the Internal Revenue Code as organized and operated for charitable purposes
What is a grantee?
$3.6 million
What is the number of DAF accounts nationwide?
The #3 motivation for DAF grantmaking
What is personal satisfaction? What is feeling good about sharing their wealth?
The #3 motivation for opening a DAF
What is investment growth potential?
Use this giving strategy for a DAF "tub" donor--1-2 years
What is recurring or annual gift?
The donor who established the DAF account and/or other persons authorized to advise the DAF account (i.e. make the grant)
Who is the Donor Advisor?
$65 billion
What is the total value of grants made by DAFs?
The #4 motivation for DAF grantmaking
What is impact? What is supporting sustainable change for causes that matter to me?
The #4 motivation for opening a DAF
What is wanting to streamline giving? What is "ease" of giving?
Use this giving strategy for a DAF "tank" donor--2-10 years
What is a major gift?
Name 3 types of sponsoring organizations
What are National Programs, Community Foundations, and Single-Issue Charities?
22.8%
What are DAFs as a percent of Individual Charitable Giving?
The #5 motivation for DAF grantmaking
What is being community related? What is wanting to see my grant make a difference in my local community?
The #5 motivation for opening a DAF
What is legacy? What is wanting my wealth to "do good" for future generations?
Use this giving strategy for a DAF "tower" donor--1-2 years
What is a planned or legacy gift?