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A significant portion of the assets in the field are in donor-advised funds (DAFs), which also account for nearly half of all fundraising and almost 60 percent of grant dollars that were deployed in 2023. Although fundraising to DAFs held at community foundations saw significant year over year…
Smaller, emerging, and growing community foundations typically carry more of their assets in endowed funds than larger peers as they look to grow and sustain themselves by maintaining a reliable source of administrative fee income. Larger community foundations will often move toward diversifying…
This peer learning circle is designed to facilitate connections, build relationships, and foster candid discussion about the rewards and challenges of working to connect and collaborate across differences. Meeting every other month, the peer learning circle provides a supportive environment…
This peer learning circle is designed to facilitate connections, build relationships, and foster candid discussion about the rewards and challenges of working to connect and collaborate across differences. Meeting every other month, the peer learning circle provides a supportive environment…
This peer learning circle is designed to facilitate connections, build relationships, and foster candid discussion about the rewards and challenges of working to connect and collaborate across differences. Meeting every other month, the peer learning circle provides a supportive environment…
This peer learning circle is designed to facilitate connections, build relationships, and foster candid discussion about the rewards and challenges of working to connect and collaborate across differences. Meeting every other month, the peer learning circle provides a supportive environment…
Large community foundations tend to house more DAFs, which can be high touch in nature and require additional staff to grow and manage, than their smaller peers.
Averages were used to total 100%. (n=185)
DAFs are a significant source of fund activity within the field and within this data sample. In 2023, they made up 30% of all reported assets, received 47% of all fundraising dollars, and gave 57% of all grant dollars (n=485). Grantmaking totals continued to climb with a median 5% year-over-year…
DAF flow rates, calculated as grants divided by gifts, increased across the field for a second consecutive year. 49% of community foundations in the data sample reported a DAF flow rate that was higher than 100 percent, having granted more dollars from their DAFs in 2023 than they brought in as…
DAFs hosted by community foundation are shown to broadly and consistently maintain relatively high distribution rates as compared to other fund types. Close to half of all community foundations reported an aggregate DAF distribution rate of over 10 percent, while a little less than a quarter of the…