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Smaller, emerging 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 donor bases, are more likely to have a higher proportion of pass-…
Aggregate community foundation donor advised fund (DAF) asset, gift, and grant totals all saw a higher rate of increase in FY18 than the field as a whole. DAF grantmaking grew at a higher rate (4%) than assets and gifts (2% each).
While it's typical to see gifts and grants per capita increase with asset size within a sample of Columbus Survey respondents, significant fundraising activity among smaller community foundations in FY18 resulted in per capita metrics that are comparable with some of their larger counterparts.…
To measure longitudinal growth using a consistent sample, focus is kept on the largest 100 community foundations by asset size as reported in FY18. Assets grew by slightly more than 1 percent for this group, while total gifts increased for the third consecutive year and now approach $10B, and…
Administrative fees charged for the management of donor funds continue to be the main driver of community foundation operating revenues. On average, Columbus Survey participants earn 70 percent of their operating revenues from these fees. There will, however, be differences in the extent to which…
Administrative fees assessed on funds are the primary source of revenue for community foundations and will be for the foreseeable future, though differences in revenue mix are observed in different asset size cohorts. Smaller community foundations, on average, depend more on direct fundraising to…
Larger community foundations tend to have higher proportions of assets in donor-advised funds, which, in combination with holding more in non-endowed assets, reflect an ability to provide flexible philanthropic vehicles to donors.
Averages were used to total 100 percent. (n=255)
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.
Larger community foundations tend to maintain relatively complex operating models, requiring a higher number of specialized staff who will be less likely to manage donor funds. (n=192)