Untraditional Philanthropy’s Post

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 conjunction with our last fun(d) fact post, Vanguard Charitable found that 46% of nonprofits receiving unexpected DAF gifts received a second future gift from the same donor. This data suggests that unexpected DAF gifts can be the beginning of new, long-term relationships between DAF holders and nonprofits . Are you considering creating a DAF, or do you need any advice on driving the most impact from your existing fund? If so, sign up for our Untraditional Philanthropy newsletter here: https://lnkd.in/evyYvY8c. The "untraditional" thing about that is we will only email you once a quarter. #donoradvisedfund #fun #fact #funfact #financial #advice #vanguard #donor #advised #fund #charitable #giving #trustbasedphilanthropy #untraditional #philanthropy #forwardthinking

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

According to research studies conducted by Fidelity Charitable®, 39% of donors supported a nonprofit by volunteering before they made a financial contribution. Time and time again, volunteers have proved to be an invaluable resource to nonprofit organizations. Learn about how your organization can transition volunteers to donors in with these 5 tips! Read the article here: https://bit.ly/3QzWv20 #volunteerism #philanthropy #fundraising #ccsfundraising

Choosing between a private foundation and a donor-advised fund (DAF) requires thoughtful consideration of each family’s goals. At Whittier Trust, we collaborate with clients to explore essential questions: Who will be involved in giving? What assets will fund contributions? How much control is desired? In our latest article, Ashley Fontanetta, CTFA, CAP® shares how our Philanthropic Services Team examines how the structure of a private foundation or the flexibility of a DAF is the right fit, our provides expert guidance to ensure charitable giving aligns with family values and long-term goals. Learn more here: https://lnkd.in/g6cDJz7c  #Philanthropy #CharitableGiving #WealthManagement #WhittierTrust #TrustWhittier

DAFs: The quiet revolution in philanthropy! 🌟 The American Heart Association reveals why donor-advised funds are catching fire in the philanthropic world with $230 billion already set aside for giving. Here's why they're a top choice for advisors and their clients: 1️⃣ 𝗘𝗮𝘀𝗲 𝗼𝗳 𝗨𝘀𝗲: Simplify charitable giving with minimal administrative hassle. Perfect for clients juggling multiple causes! 📑 2️⃣ 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗚𝗿𝗼𝘄𝘁𝗵: Let your clients' contributions grow and amplify their impact over time. 📈 3️⃣ 𝗙𝗹𝗲𝘅𝗶𝗯𝗶𝗹𝗶𝘁𝘆: No rush! Clients can take their time to decide which charities to support. ⏳ 4️⃣ 𝗣𝗿𝗶𝘃𝗮𝗰𝘆: Grants can be made anonymously, ideal for clients who prefer discretion. 🤫 5️⃣ 𝗙𝗮𝗺𝗶𝗹𝘆 𝗜𝗻𝘃𝗼𝗹𝘃𝗲𝗺𝗲𝗻𝘁: A great opportunity to instill charitable values in the next generation. 👨👩👧👦 With the first-ever national DAF Day on October 10, there's no better time to chat with your clients about the strategic giving power of DAFs. #Philanthropy #DAFs #FinancialAdvisors #GivingStrategy

Curious about which states lead in charitable giving and volunteering? Accounting Today ranks the top 20 most charitable states in America, highlighting the communities dedicated to making a difference. Did your state make the list? Hint: several are in the DMV area! Read more here: 20 Most Charitable States: https://bit.ly/4cmQQ9f #Philanthropy #Generosity #Giving #GenerosityMatters #obriengarrett

I'm committed to encouraging open conversations about end-of-life planning and legacy preservation. I came across this article that highlights the importance of philanthropic endeavours in wealth management discussions and the significant impact they can have on both clients and charities. Legacy giving is gaining traction among HNWIs! (STEP Journal). It offers tax benefits & long-term support for causes one cares about. Thanks for sharing your insightful article, Sianne Haldane! Some key takeaways for me: Financial advisors have a growing opportunity to integrate philanthropic discussions into wealth management strategies. ESG investing and sustainability considerations are driving regulations that encourage advisors and clients to discuss values-based investing, which can naturally lead to conversations about charitable giving. It's a win-win situation for both charities and donors. Legacy giving is an important source of income for charities, while donors benefit from tax advantages and the satisfaction of supporting causes they care about. Legacy giving isn't just for the wealthy; it's a simple and effective way for individuals to make a lasting impact on the causes they care about. As we continue our mission at Elifa to empower individuals and families to plan for the future with confidence, let's embrace legacy giving as a powerful tool for positive change in our communities.  #legacyplanning #philanthropy #elifa #endoflifeplanning #wealthmanagement #endoflife #socialimpact #impact

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