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All but two community foundations take some action to activate a dormant DAF after five years pass without the recommendation of a grant, and 80 percent of respondents said they take action after three years. In cases where the time horizon extends to 10 or more years, it is likely because the…
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Nearly all respondents said that they will first attempt an appeal to a DAF holder to activate the fund after a predefined period of time after which the fund is considered dormant. Follow-up step are…
Administrative fees continue to serve as the main source of operating revenues for community foundations across the field. Larger community foundations will be more likely to maintain somewhat diversified earned revenue streams that include fee for service offerings, while smaller community…
The median community foundation reporting for both 2021 and 2022 increased their operating budget by nine percent (n=130), up from seven percent the year before. Across all asset size cohorts, the majority of operating budget dollars go toward staff expenses (n=225).
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For the second straight year, roughly two-thirds of all reporting community foundations ended their fiscal year with an overall…
The median expense to asset ratio increased slightly across all size cohorts from 2021, unsurprising given the number of foundations whose assets decreased over that time while operating expenses increased. 75 percent of all survey respondents that reported for both years reported increasing…
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Larger community foundations tend to maintain relatively complex operating models that require a higher number of specialized staff. For smaller community foundations, staff will often serve multiple…
The following is a list of Annual Survey participants sorted by asset size, supplemented by publicly available information where available.
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…
During 31 years as CEO, Mike Batchelor transformed The Erie Community Foundation from a quiet and reactive grant maker to a regional leader focused on increasing access to health care and workforce training. He led coalitions that created a School Based Health Care Center, expanded Magee Women’s…