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While administrative fees assessed on donor funds will nearly always provide most of the revenue needed to support operations, direct fundraising from individual donors, internal distributions from the community foundation’s operating funds, and fee for service revenue provide additional support.…
Operating budgets remained relatively flat in this year’s sample (n=143) with a median increase of 2%. Across all asset size cohorts, roughly two-thirds of the operating budget will go toward staff expenses on average (n=184).
Slightly fewer than half of all community foundations in the sample ended FY23 with an operating surplus, after two straight years in which two-thirds of the sample carried a surplus at year-end. Typically, administrative fees will be supplemented by other sources of revenue to support operations,…
Large community foundations tend to house more DAFs, which can be high touch in nature and require additional staff to grow and manage, than their smaller peers.
Averages were used to total 100%. (n=185)
Nearly 70% of survey respondents said they have a written policy to activate dormant DAFs after the passage of a predefined, agreed upon period of time without the recommendation of a grant by a DAF holder. It’s expected that some portion of the 24% of survey respondents that didn’t respond to this…
Total transactions represent the number of gifts and grants processed annually (including supporting organizations). The average transaction size represents the total dollar value of gifts plus the total dollar value of grants divided by the total number of transactions.
In this edition of the Global Philanthropy Update we acknowledge the major policy changes in Washington and their impact on the philanthropic landscape, and highlight how philanthropy is responding to the closure of USAID and cuts to U.S. aid broadly.
Daniel Jae-Won Lee is a seasoned leader in the fields of philanthropy, human rights, public health, and corporate social responsibility. In 2022, Daniel Lee joined the Council's Executive Office as the newest member of the executive-in-residence program. He recently stepped down from his position…