Recently, I’ve noticed that the nonprofit space is vexed by three ominous letters: D.A.F. We have to discuss and demystify Donor Advised Funds. What are they, and why are nonprofit leaders, fundraisers, and donors so wary of them? Here’s a concise explanation of a Donor Advised Fund and why someone would want to open one. Author and NYU Professor of Philanthropy Jason Franklin writes in Nonprofit Quarterly (July 25, 2020 issue) that,
Thank you for describing DAFs with accessible language. From the nonprofit point of you, I agree with you completely. That includes keepings donors confidential. What I hope is much more of those funds are allocated and with a deadline. I also appreciate you naming and acknowledging that nonprofits need funding mid year. We most certainly do. I am up at night a lot lately (and it’s not just the hot flashes!).
This is great information Lisa. It was nice to read a proactive and constructive piece on how Donor Advised Funds can be a tool for both philanthropists and fundraisers alike.
$160B Opportunity —Demystifying DAFs
Thank you for describing DAFs with accessible language. From the nonprofit point of you, I agree with you completely. That includes keepings donors confidential. What I hope is much more of those funds are allocated and with a deadline. I also appreciate you naming and acknowledging that nonprofits need funding mid year. We most certainly do. I am up at night a lot lately (and it’s not just the hot flashes!).
This is great information Lisa. It was nice to read a proactive and constructive piece on how Donor Advised Funds can be a tool for both philanthropists and fundraisers alike.