Read about Donor Advised Funds in this Crain’s article by Jeremy Nobile
And even though new tax codes in 2018 have cast some uncertainty over how DAFs and their contributors might alter their giving through those vehicles, the sense is the popularity of DAFs will continue to grow.
“I think we’re entering a new phase now where donors are becoming more aware of this as a simple tool they’re not just using on a standalone basis, but in conjunction with other (philanthropic) strategies,” said Phil Tobin, who established a DAF via iGiftFund in Hudson earlier this year. “When put with a DAF, it supercharges those other strategies.”
According to the 2017 edition of NPT’s Donor-Advised Fund Report, which comes out at the end of each year and analyzes activity of the fiscal year prior, grants from DAFs to charitable groups reached a record $15.75 billion in 2016, up 10.4% from 2015.
Click here to read the whole article When Donors Speak, DAFs Listen