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Large community foundations tend to manage larger DAF portfolios than their smaller counterparts, as reflected in the proportion of assets held in DAF accounts across different asset size cohorts.
Averages were used to total 100%. (n=221)
80% of responding community foundations (n=165) grew their operating budgets over the previous year. Across nearly all asset size cohorts, close to two-thirds of the average community foundation’s operating budget go toward its staff (n=184).
The following is a list of Annual Survey participants sorted by asset size, supplemented by publicly available information where available.
Total transactions represent the number of gifts and grants processed annually (including supporting organizations). The average transaction size represents the total dollar value of gifts plus the total dollar value of grants divided by the total number of transactions.
DAFs remain a major driver of activity, holding 41% of reported assets, receiving 60% of fundraising dollars, and distributing 67% of grant dollars (n=359). Grantmaking from DAFs continues to grow over time, despite a second consecutive year of declines in fundraising.
In FY24, the median…
Just under 90% of reporting community foundations said that they have a policy in place to ensure that donors recommend a grant from their DAFs within some agreed-upon number of years. Per such policies, the community foundation housing the DAF may take steps to activate the funds should the donor…
Administrative fees are a near universal driver of operating revenues among community foundations, though there are some variances among and within different asset size cohorts. Many community foundations engage in direct fundraising from individual donors to support operations, take distributions…
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…
Gifts per capita is calculated by dividing the foundation’s total gifts (including supporting organizations) by the population of the foundation’s service area. The service area is defined by each community foundation.
Median change in grants: 9%