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DAFs at community foundations tend to be highly active grantmaking vehicles; more than one-third of all respondents reported distribution rates from DAFs in excess of 10 percent. With typically higher proportions of pass-through funds available for granting, larger community foundations tend to…
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)
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Virtually all respondents said they considered a DAF to be dormant if no grant is recommended within five years, with 80 percent considering a DAF inactive after three years. In the extent to which there…
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Over 80 percent of 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…
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Median change in grants: 3%
Administrative fees are the main source of community foundation operating revenues field-wide. Larger community foundations are more likely to supplement fees with fee for service revenues, while smaller community foundations tend to do more direct fundraising to support operations. Community…
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)
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Two-thirds of all annual survey participants reported that they ended FY2021 having generated surplus revenue, which is often…
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…
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Larger community foundations tend to maintain relatively complex operating models, requiring a higher number of specialized staff who will be less likely to manage donor funds. (n=167)