Larger community foundations tend to manage more DAFs than their smaller counterparts, as they seek to grow their donor bases and provide services to those donors to facilitate their participation in locally-focused philanthropy.

Averages were used to total 100 percent. (n=157)

Size of Foundation Donor-advised funds Discretionary funds All other funds
$0-$25M 12% 21% 67%
$25-$50M 14% 22% 63%
$50-$100M 16% 21% 63%
$100-$250M 26% 13% 61%
$250-$500M 31% 19% 50%
$500M+ 36% 13% 51%
All 24% 18% 58%