Untraditional Philanthropy’s Post

First of all, we want to say how much we appreciate the thoughtful comments on our last post pointing out that a number of Donor Advised Funds are NOT granting funds as quickly as they could. We agree. We decided to dive into this a bit more and, once again, we found the Dorothy A. Johnson Center for Philanthropy's "2024 National Study On Donor Advised Funds" to be very helpful. The Center finds, in part, that: Approximately 22% of DAFs studied were inactive--or had a zero payout rate--over the past three years (2020-2022). After looking more closely, researchers found these inactive DAFs were often smaller (less than $100K) and/or newer (created within the previous three years) when compared to active funds.  The fact that 22% of DAFs are currently inactive is not good news... and when you consider many DAFs only grant out a modest percentage of funds each year, the problem/opportunity becomes even larger. This is why we applaud the work of the #HalfMyDaf campaign and other groups like Amalgamated Foundation and Democracy Fund who are supporting these initiatives and others like them. We are also grateful to the Dorothy A. Johnson Center and others for sharing data about DAF usage and giving trends. The Johnson Center's full report can be downloaded here https://lnkd.in/eVcc487q  Untraditional Philanthropy also recognizes that many donors WANT to deploy DAF resources more quickly, but that they lack the time and/or experience to do this effectively. If you have a Donor Advised Fund and are struggling to develop your personal/family giving plan, send us a message. If you want to stay up to date on Untraditional Philanthropy's happenings generally, sign up for our newsletter here: https://lnkd.in/evyYvY8c. The untraditional thing about it is that we will only email you once a month. #untraditonal #philanthropy #maximize #impact #donor #advised #fund #grantmaking #charity #untraditional #donors #free #choice

Continuing with our Donor Advised Fun(d) Fact Series, we wanted to share this statistic with you from the National Philanthropic Trust's “2023 Donor Advised Fund Report”. This data concerns grant making, or the act of distributing funds from your DAF to a charity or nonprofit. As the popularity of DAFs continues to grow, we saw grant making from DAF’s reach a record high last year, at $52.16 BILLION (up 9% from the previous year). We will continue to share more about Donor Advised Funds in the coming weeks, as we build toward the release of our new DAF resources. These will to support individuals, families, and wealth advisors interesting in learning how to maximize the impact (and meaning) of their DAF gifts. If you want to learn more about these upcoming resources, or generally stay current on all things Untraditional Philanthropy, sign up for our quarterly newsletter through the link here: https://lnkd.in/evyYvY8c. The untraditional thing about that, is that we only email you once a quarter #donor #advised #fund #DAF #FunFact #donoradvisedfunds #philanthropy #philanthropymatters #philanthropists #giving #forwardthinking #forwardtogether #charitablegiving #trust #trustbasedphilanthropy #familyphilanthropy

Choosing between a private foundation and a Donor-Advised Fund (DAF) at a public foundation is crucial for some Canadian philanthropists. Our latest article highlights why a DAF might be the better choice. With lower start-up costs, faster setup, and expert-managed resources, DAFs offer a cost-effective and streamlined alternative to private foundations. Enjoy enhanced privacy and reduced administrative burdens, allowing you to focus on your philanthropic goals. Whether you're starting your charitable journey or looking to optimize your giving, this guide will help you understand why opening a DAF at the Jewish Community Foundation could be the perfect fit. Read the full article to learn more! #Philanthropy #PlannedGiving #JCFMontreal #SmartPhilanthropy #JCFMontreal #JCF #CharitableGiving #PhilanthropicAdvisors #PlannedGivingWisdom #TaxPlanning #TaxWise #TaxExperts David Ohayon, MFA-P

Data has shown that DAF's are a midrange philanthropic vehicle, supporting donations larger than that of the average household, but smaller than those of private foundations. According to a recent study by the Dorothy A. Johnson Center for Philanthropy, data shows: 38% of recent DAF contributions are between $10,000 - $49,999,  15% of DAF contributions are between $50,000 - $99,999, and  19% of FAF contributions are between $100,000 - $499,999. If you're wondering if a DAF is right for you, or if you already have a DAF and want to develop your own personalized giving plan, drop us a line. If you want to learn more about our resources for donors, sign up for our newsletter here: https://lnkd.in/evyYvY8c. The untraditional thing is that we will only email you once a quarter. #donor #advised #fund #DAF #DAFs #halfmyDAF #flexibility #financialwisdom #givingvehicle #untraditional #philanthropy #donoradvisedfund #donoradvisedfunds #plannedgiving #strategicphilanthropy #philanthropicgiving

We speak with so many who were excited to create a Donor Advised Fund (DAF) but then find themselves asking “What do I do next?” Recognizing this need, we are in the process of creating a special collection of resources for individuals, families, and wealth advisors interested in learning how to maximize the impact (and meaning) of their DAF gifts. Sound useful? If you would like to learn more about these special Donor Advised Fund resources — or want to stay current on all things Untraditional Philanthropy, sign up for our quarterly newsletter through this link (https://lnkd.in/evyYvY8c). The untraditional thing here is that we will only email you once a quarter. #donor #advised #fund #daf #donoradvisedfund #philanthropy #untraditional #untraditionalphilanthropy #giving #forwardthinking #philanthropicgiving #charitablegiving #donation #trustbasedphilanthropy #familyphilanthropy #trust #philanthropymatters

In the USA in 2023, despite economic difficulties, the longstanding tradition of giving generously persists. Recent statistics from Giving USA reveal that donations to charitable causes reached a substantial $557.16 billion. Individuals were the primary donors, accounting for 64% of the total sum. Contributions towards education, healthcare, and social services experienced notable growth, particularly with a significant 11.1% increase in donations to education. The charitable sector continues to flourish, demonstrating resilience in the midst of economic challenges. By supporting organizations that resonate with your values, you can make a positive impact on communities across the nation. #PhilanthropicGiving #CommunityImpact #SupportingNonprofits #Generosity #SocialChange #philanthropy #nonprofit #wegrowsocialimpact https://buff.ly/3Wk7Pnx

In the USA in 2023, despite economic difficulties, the longstanding tradition of giving generously persists. Recent statistics from Giving USA reveal that donations to charitable causes reached a substantial $557.16 billion. Individuals were the primary donors, accounting for 64% of the total sum. Contributions towards education, healthcare, and social services experienced notable growth, particularly with a significant 11.1% increase in donations to education. The charitable sector continues to flourish, demonstrating resilience in the midst of economic challenges. By supporting organizations that resonate with your values, you can make a positive impact on communities across the nation. #PhilanthropicGiving #CommunityImpact #SupportingNonprofits #Generosity #SocialChange #philanthropy #nonprofit #wegrowsocialimpact https://buff.ly/3Wk7Pnx

If you think that Donor Advised Funds are only an option for the very wealthy, think again.  The minimum amount to open a Donor Advised Fund (DAF) varies by supporting organization and account type, but some institutions—including a number of major DAF sponsors—don't even require a minimum contribution; meaning individuals and families start DAFs with as little as $500... or less!   Additionally, the average Donor Advised Fund account size might be lower than you think. In 2022, for example, the average Donor Advised Fund account size was $117,466—a 3.8% decrease from the previous year. (This stat comes from the National Philanthropic Trust's "The 2023 DAF Report"... you can read the entire report here: https://lnkd.in/eHgm2pB) If you're wondering if a DAF is right for you, or if you already have a DAF and want to develop your own personalized giving plan, drop us a line. If you want to learn more about our resources for donors, sign up for our newsletter here https://lnkd.in/evyYvY8c. The untraditional thing is that we will only email you once a quarter. #donor #advised #fund #DAF #DAFs #halfmyDAF #flexibility #financialwisdom #givingvehicle #untraditional #philanthropy #donoradvisedfund #donoradvisedfunds #plannedgiving #strategicphilanthropy #philanthropicgiving

Essential reading for anyone interested in understanding how UK charitable trusts and foundations fared in 2022-23, the challenges they faced and how they are worked to navigate those challenges.

Nonprofit institutions are vital to our country, providing services, goods and resources to the communities they serve and enriching the lives of the people around them. But in recent years, public trust in the sector has been on the decline. 📉 When we see a decline in support of nonprofits, our communities do not receive vital services provided by the sector as support with housing, food, childcare and economic development – just to name a few areas. “…there are many ways to safeguard one’s giving while providing ongoing and necessary support to the nonprofit sector,” explains Senior Vice President of Philanthropic Services Jeremy Wells MA, CFRE. 📣 Here are 4 reasons you can give confidently when partnering with the Saint Paul & Minnesota Foundation: 🔹 Our knowledge about the nonprofit ecosystem runs deep. 🔹 We have an established due diligence process. 🔹 Fundholders have access to a dedicated philanthropic advisor. 🔹 We give you access to guidance about how to best research an organization. Read on to learn more about how you can give confidently to your favorite causes with help from the Foundation ➡️ https://hubs.ly/Q02Bx9Pw0 #CharitableGiving #NonprofitGiving #philanthropy