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.
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2014%20Donor-Advised%20Fund%20Report<%2Fa>,%20the%20most%20complete%20source%20for%20U.S.%20donor-advised%20funds%20(DAFs)%20statistics,%20found%20that%20grants%20from%20DAFs%20to%20qualified%20charities%20reached%20a%20record%20high%20of%20$9.66%20billion%20in%202013,%20a%2012.6%20percent%20increase%20over%202012.%20Total%20DAF%20charitable%20assets%20grew%20nearly%2020%20percent%20to%20$53.74%20billion%20according%20to%20the%20report,%20published%20annually%20by%20National%20Philanthropic%20Trust<%2Fa>%20(NPT).%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Farticle%2Freport-donor-advised-funds-grants-charities-exceed-966-billion%2F" target="_blank" class="email" data-post-id="3238" type="icon_link">
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National Philanthropic Trust's eighth annual Donor-Advised Fund Report found record highs for the third consecutive year in each data point with significant year-over-year growth. 2014 Donor-Advised Fund Report key findings:
- Grants from DAFs totaled $9.66 billion (12.6 percent increase)
- Contributions to DAFs totaled a record $17.28 billion (23.5 percent increase)
- Charitable assets in DAFs totaled a record $53.74 billion (19.8 percent increase), representing a trajectory of growth above 15 percent annually since 2012
- 217,367 total DAF accounts in U.S.; one out of every three DAFs were created in the last seven years, making DAFs the fastest-growing giving vehicle in the U.S. (34 percent growth rate over seven years)
- The average size of DAF account reached a record $247,217 (13.4 percent increase)
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