DAFs remain a major driver of activity, holding 41% of reported assets, receiving 60% of fundraising dollars, and distributing 67% of grant dollars (n=359). Grantmaking from DAFs continues to grow over time, despite a second consecutive year of declines in fundraising.

In FY24, the median community foundation increased its grantmaking from DAFs by 6%, even as the median fundraising total dropped by 15% during the same period. As in FY23, this demonstrates the resilience of DAFs as a grantmaking vehicle, with donors continuing to mobilize their funds toward causes important to them and the community.