$2.6 Billion In Grants By Fidelity Charitable Donors - The NonProfit TimesThe NonProfit Times

$2.6 Billion In Grants By Fidelity Charitable Donors - The NonProfit TimesThe NonProfit Times

How Donor-Advised Funds Can Help with Year-end Planning

How Donor-Advised Funds Can Help with Year-end Planning: "They can be established very quickly, are easy to explain to clients and simple for them to use, have many tax benefits, appeal to a wide variety of donors, and there is no charge to create them. DAFs now outnumber private foundations by nearly three to one.

The end of the year is when many DAF accounts are established and when many clients contribute to their already-established DAFs. This is largely because clients: 1. Meet with their CPAs and other advisors to do year-end tax planning and discuss any recent or anticipated liquidity events;"



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Donor-Advised Funds: The Source Fundraisers Can't Afford to Ignore : Page 1 of 2 : FundRaising Success

Donor-Advised Funds: The Source Fundraisers Can't Afford to Ignore : Page 1 of 2 : FundRaising Success: No matter your take, DAFs are a funding source fundraisers of all sizes and missions cannot afford to ignore. According to both Fidelity Charitable’s 2014 Giving Report and the National Philanthropic Trust’s 2013 Donor-Advised Fund Report DAFs are on the rise, growing in popularity and dollars dispersed to the charitable sector.

Making Charitable Money Flow: Mixed Results with Donor-Advised Funds - NPQ - Nonprofit Quarterly

Making Charitable Money Flow: Mixed Results with Donor-Advised Funds - NPQ - Nonprofit Quarterly: Why do donor-advised funds (DAFs), as an instrument of charitable or philanthropic giving, so often seem to stir up a hornet’s nest of commentary and complaints? One would think that as the conveyer belts moving billions of dollars from charitable donors to charitable recipients, accomplished with a few cursor movements and a click, DAFs would be widely applauded for making charitable giving easier, faster, simpler

Donor-advised funds: Where charity goes to wait - Ideas - The Boston Globe

Donor-advised funds: Where charity goes to wait - Ideas - The Boston Globe: With much of America still suffering from the effects of the Great Recession, the sheer amount of money piling up in tax-exempt investment accounts has begun to rankle some experts on charity. Though it is impossible to draw a direct line that shows these accounts are diverting money from working charities, critics point out that while Americans have been giving away the same percentage of their disposable income for decades, these funds have been growing at a rapid clip. According to a report by the National Philanthropic Trust, one of the biggest donor-advised fund programs in the country, donor-advised funds took in a total of $13.7 billion in contributions last year—almost 40 percent more than in 2007—but paid out only $8.6 billion in grants, a difference of just over $5 billion.

Donor-Advised Funds: Non-Transparent Tax Shelters for Good | Blue Avocado

Donor-Advised Funds: Non-Transparent Tax Shelters for Good | Blue Avocado: Nonprofits are probably most familiar with donor-advised funds (DAFs) at community foundations: a donor gives, let's say, $1 million to a community foundation and gets a $1 million tax deduction that year. Over the next several years, the donor "advises" the foundation to pay out the $1 million in grants to various nonprofits that the donor selects. Donor-advised funds are also administed by commercial institutions such as Fidelity and and Chase. Writer Jeff Angus took a closer look at DAFs for Blue Avocado:

Nevada Court Says Donor-Advised Funds Can Ignore Donor Advice - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Nevada Court Says Donor-Advised Funds Can Ignore Donor Advice - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: "The Nevada Supreme Court last week decided in favor of a donor-advised fund that was sued by a client for going against his wishes on spending his contributions, Dow Jones Adviser reports."

Donor-Advised Funds Surged In 2010- The NonProfit Times Jan 5, 2011

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From the Nonprofit Times
Donor-Advised Funds Surged In 2010- The NonProfit Times Jan 5, 2011: "Donor-Advised Funds Surged In 2010

Donor-advised funds, where donors get an immediate tax break for depositing money that eventually will go to charity, are reporting increased contributions and payouts as investor portfolios rebounded with the stock market during past 18 months."

The Nonprofit Quarterly | The Nonprofit Quarterly | Nonprofit Newswire | Fidelity Adding Donors and Dollars at Unprecedented Rate

The Nonprofit Quarterly | The Nonprofit Quarterly | Nonprofit Newswire | Fidelity Adding Donors and Dollars at Unprecedented Rate: "May 6, 2010; Source: The Chronicle of Philanthropy | Sometimes big news doesn’t get picked up as widely as it should. Last week, the Fidelity Charitable Gift Fund announced that contributions in the first quarter of 2010 to the Gift Fund (as you know, a 501(c)(3) entity) rose 109 percent compared to the same period last year (from $129m to $270m) and grants from the donor-advised funds at Fidelity to charities were up 35 percent (from $199m to $269m)."

Fidelity gift fund grants lower in '08 - The Boston Globe

Fidelity gift fund grants lower in '08 - The Boston Globe: "The Fidelity Charitable Gift Fund said its donors recommended grants that totaled $1.08 billion in 2008, down from grants that surpassed $1.17 billion the previous year."

Donor-advised funds grow in popularity | ScrippsNews

Donor-advised funds grow in popularity | ScrippsNews: "They are tactical philanthropists -- part of a growing group of socially conscious givers in the San Francisco area whose generosity accounts for more than half the $1 billion in assets at the San Francisco Foundation.

Otherwise known as 'charitable checking,' or 'giving while living,' donor-advised funds are quickly becoming the most popular way to invest social capital."

The Slumping Stock Market Cuts Into Giving - Philanthropy.com

The Slumping Stock Market Cuts Into Giving - Philanthropy.com: "The Slumping Stock Market Cuts Into Giving

The stock market’s slide has begun to affect a fast-growing type of giving.

Fidelity Charitable Gift Fund — which raises more than all but three other charities in the country according to The Chronicle’s Philanthropy 400 rankings — says contributions dipped by 8 percent in the first quarter of 2008 compared with the first quarter of 2007."

Donor-advised funds gaining - InvestmentNews

Donor-advised funds gaining - InvestmentNews: "The use of donor-advised funds is on the rise. Assets in the popular charitable-giving vehicle increased 23.4% to $21.6 billion last year, according to the National Philanthropic Trust, a Jenkintown, Pa.-based independent public charity that promotes philanthropy. The number of new accounts, meanwhile, jumped 7% to 107,250, the company said."