New Data Tells Us Where Donor-Advised Fund Dollars Go—And Don’t Go
Photo by Alexander Schimmeck on Unsplash For more than a decade, donor-advised funds—commonly called DAFs—have, as NPQ has covered widely, been growing faster than any other type of charitable giving vehicle. Today, DAF sponsors—which hold, invest, and manage nearly $160 billion in these funds until they are distributed to individual nonprofits—rank among the largest recipients