On average, donor advised funds make up more than a third of assets for community foundations larger than $250M. Although DAFs continue to grow, they don't appear to comprise significantly more of respondents' asset bases than in previous years.

Averages were used to total 100%. (n=238)

Size of Foundation Donor-advised funds Discretionary funds All other funds
$0-$25M 11% 26% 63%
$25-$50M 15% 18% 67%
$50-$100M 24% 20% 56%
$100-$250M 29% 17% 54%
$250-$500M 36% 20% 44%
$500M+ 34% 15% 50%
All 23% 20% 57%