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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=157)
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…
Expense to asset ratios among annual survey participants remain consistent with 2020 levels, with an only slight decrease in the overall median (from 1.1% in 2020). As is generally the case, larger community foundations achieve an economy of scale that results in typically lower ratios than for…
Two-thirds of all annual survey participants reported that they ended FY2021 having generated surplus revenue, which is often reinvested back into a given foundation's community leadership efforts. For the other third and others who end the year with operating deficits, they are typically covered…
Among the 139 community foundations who reported their total operating expenses for 2020 and 2021, the median increase in total expenses was seven percent.
Averages were used to total 100%. (n=184)
Nearly 75 percent of all annual survey respondents have a policy in place to activate "dormant" DAFs, defined by the passage of a predefined time horizon without the recommendation of a grant. (n=187)
In FY21, the median community foundation saw gift totals increase by over 14 percent, and over a quarter of survey respondents reported that their fundraising totals increased by more than half over the previous year. High levels of fundraising and grantmaking activity across the field continued…
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