Just how vital are donor advised funds to the health and welfare of our communities—now and in the future? A new Council on Foundations’ report, “Donor Advised Funds Provide the Majority of Grant Funds Awarded by Community Foundations,” reveals a host of interesting facts about these funds and their role in addressing societal needs. For example, did you know?
Community foundations hold more than half (53%) of the estimated $31 billion currently held in donor advised funds.
Donor advised funds comprise about 33% of the community foundation sector’s total assets of over $50 billion, yet make up 62% of the community foundation sector’s annual grants
the payout rate from community foundation donor advised funds is three times the payout rate from other funds—16.4 % versus 5%.

The report takes a probing look at donor advised funds and offers information you can use to strengthen your community foundation’s support for advocating for the expansion and protection of these funds.

To see the report, go to: www.cof.org/sites/nativephilanthropy.org/files/Documents/Research/08donoradvisedpaper.pdf