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DAFs at community foundations tend to be highly active grantmaking vehicles; more than half 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 report…
Nearly three quarters 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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Nearly all said they considered a DAF to be dormant if no grant is recommended within five years, with three-quarters considering a DAF inactive after three years. Although few in number, there were…
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Over three-quarters 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-…
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…
It is typical for two-thirds of operating expenses to go toward staff capacity, regardless of the size of the community foundation.
Averages were used to total 100%. (n=168)
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Just over one quarter of all annual survey participants reported any level of operating deficit in 2020 - which is unchanged…
The field median expense to asset ratio decreased slightly in 2020 from the year before (1.2 percent in 2019), though the median for small community foundations increased significantly over that same time, from 1.6 percent to 2.0 percent. As is generally the case, larger community foundations…
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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=173)
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…