Archives: 12/2011


December 15, 2011 | AUTHOR: Andrew Hastings

2011 DAF Report Released

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After collecting data over the past year, we are happy to release our 2011 Donor-Advised Fund Report.
 
One of the highlights in this year’s report includes a marked increase in contributions to donor-advised funds. National charities received nearly $4 billion, which was an increase of 42.3% from the previous year and more than half of contributions to all sponsoring charities.

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December 12, 2011 | AUTHOR:

Treasury Dept. Releases Long-Awaited Study of Donor-Advised Funds

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My last post on donor-advised fund payout rates turned out to be quite timely. During the week of December 5, 2011, the Treasury Department released its long-awaited study on donor-advised funds and supporting organizations.
 
The Treasury Department’s study used 2006 data, but found that payout rate from donor-advised funds is substantially higher than the 5 percent required of private foundations. According to the Treasury’s study [which, again, uses slightly dated figures] the payout rate for national donor-advised fund programs ranged from 14.2 to 28.7 percent. These findings closely mirror the data in NPT’s annual Donor-Advised Fund Report.

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December 06, 2011 | AUTHOR:

Donor-Advised Fund Payout Rates

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Last month, the New York Times ran an op-ed by academic Ray Madoff on donor-advised funds (DAFs). In her piece, Ms. Madoff painted a picture of DAFs as a kind of “warehouse” for charitable contributions. As the President and CEO of a national DAF program, I find this characterization misleading and a disservice to donors and the charitable sector.
 
While many DAF programs are not legally required to meet a minimum annual payout, the majority have guidelines to ensure that DAFs actively make grants. In fact, the overall payout rate for DAFs is nearly four times that of private foundations.

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