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With fundraising totals decreasing across the field while grantmaking increased, DAF flow rates, or grant to gift ratio, increased for all size cohorts. 43 percent of all respondents reported a DAF…
DAFs hosted by community foundation consistently maintain higher distribution rates than other fund types. Just about half of all respondents reported an aggregate DAF distribution rate of 10 or more percent. Overall distribution rates tend to be higher at larger community foundations, who have a…
Schedule-at-a-Glance
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Friday, June 6
1-5 p.m. – Preconference Sessions
Saturday, June 7
9 a.m.-5 p.m. – Preconference Sessions
6:30-9 p.m. – An Evening of Global Networking Reception & Dinner
Sunday, June…
Over 80 percent of respondents said they have a policy in place to activate dormant DAFs, defined by the passage of a predefined period of time without the recommendation of a grant by the donor advisor. (n=177)
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…