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=187)

Size of Foundation Donor-advised funds Discretionary funds All other funds
$0-$25M 14% 22% 64%
$25-$50M 10% 24% 65%
$50-$100M 21% 18% 61%
$100-$250M 26% 11% 63%
$250-$500M 28% 13% 58%
$500M+ 39% 9% 52%
All 24% 16% 60%