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Total reported DAF assets grew by five percent over the reported FY18 total, even as fewer community foundations participated in the FY19 survey, reflecting the high rate of growth for assets across the field. (n=236)
Gifts per capita is calculated by dividing the foundation’s total gifts (including supporting organizations) by the population of the foundation’s service area. The service area is defined by each community foundation.
The distribution rate is calculated by dividing the foundation’s total grants by total assets (including supporting organizations) at the end of the foundation’s fiscal year. The percentage of total assets in donor-advised funds (Percent Total Assets DAF) is the total amount of IRS-classified donor…
Though operating budgets continue to increase across the field – the median increase among Columbus Survey participants was 5.7 percent over FY18 levels – there was a slight decrease in the number of respondents who reported operating expenses in excess of revenues for the second consecutive year…
The following is a list of Annual Survey participants sorted by asset size, supplemented by publicly available information where available.
Nearly all respondents said that they consider a DAF to be inactive if no grant is made from the fund within five years, with three-quarters considering a DAF to be inactive if it hasn't awarded a grant within three years. Although few in number, there were instances of the community foundation…
DAFs at community foundations tend to be highly active grantmaking vehicles; close to half (48 percent) of all survey respondents reported double-digit distribution rates from their DAFs in FY19. With typically higher proportions of pass-through funds available for granting, larger community…
More than half of all Columbus Survey respondents reported the existence of a policy in place to address the "dormancy" of DAFs, typically defined by the passage of a predefined period of time after which no grants were awarded from the fund. (n=238)
The "flow rate" of DAFs compares a given year's grantmaking total with its gift total, dividing grants by gifts. This metric may help capture the activity of donors who contribute to their DAF and grant from it that same year. High median DAF flow rates in every asset cohort suggest a high rate of…
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…