Total reported DAF assets grew by seven percent over 2019's overall total, while fundraising and grantmaking each increased by over 35 percent. (n=211)
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Smaller, emerging, and growing community foundations that may be focused on asset growth typically have a relatively high proportion of endowed assets. Larger community foundations, with an increased focus on diversifying their portfolios and providing flexible options for donors to engage in philanthropy, are more likely to have a higher proportion of pass-through funds.
Generally, as community foundation size increases, fundraising and grantmaking per capita also increases. Although larger community foundations tend to be based in more densely populated urban centers, they also achieve an economy of scale. In 2020, every asset size cohort experienced increases in these metrics, as many in the field both experienced increases in fundraising and deployed more funding than the previous year. (n=209)
Median change in assets: 9.0%
The following is a list of Annual Survey participants sorted by asset size, supplemented by publicly available information where available.
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)