{"id":44998,"date":"2014-11-13T06:22:36","date_gmt":"2014-11-13T11:22:36","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=44998"},"modified":"2014-11-12T15:23:36","modified_gmt":"2014-11-12T20:23:36","slug":"national-philanthropic-trust-report-reveals-total-charitable-assets-in-dafs-grew-nearly-20-to-a-record-53-74-billion","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2014\/national-philanthropic-trust-report-reveals-total-charitable-assets-in-dafs-grew-nearly-20-to-a-record-53-74-billion.html","title":{"rendered":"National Philanthropic Trust report reveals total charitable assets in DAFs grew nearly 20% to a record $53.74 billion"},"content":{"rendered":"<p>The 2014 Donor-Advised Fund Report, the most complete source for U.S. donor-advised funds (DAFs) statistics, found that grants from DAFs to qualified charities reached a record high of $9.66 billion in 2013, a 12.6 percent increase over 2012. Total DAF charitable assets grew nearly 20 percent to $53.74 billion according to the report, published annually by National Philanthropic Trust (NPT).<\/p>\n<p id=\"yui_3_16_0_1_1415823572974_26910\" style=\"color: #000000;\">&#8220;Every dollar in a donor-advised fund is destined for charitable organizations,\u201d said Eileen Heisman, president and CEO of National Philanthropic Trust and author of the DAF Report.\u00a0 &#8220;Philanthropists donate to their DAFs to support what means most to them over time.\u00a0 This kind of thoughtful philanthropy, plus the fact that DAF contributions and grants have seen double-digit growth for several years now, bodes well for charities here and around the world.\u201d<\/p>\n<p id=\"yui_3_16_0_1_1415823572974_26911\" style=\"color: #000000;\">National Philanthropic Trust&#8217;s eighth annual Donor-Advised Fund Report found record highs for the third consecutive year in each data point with significant year-over-year growth. 2014 Donor-Advised Fund Report key findings:<\/p>\n<ul style=\"color: #000000;\">\n<li>Grants from DAFs totaled $9.66 billion (12.6 percent increase)<\/li>\n<li>Contributions to DAFs totaled a record $17.28 billion (23.5 percent increase)<\/li>\n<li>Charitable assets in DAFs totaled a record $53.74 billion (19.8 percent increase), representing a trajectory of growth above 15 percent annually since 2012<\/li>\n<li>217,367 total DAF accounts in US; one out of every three DAFs were created in the last seven years, making DAFs the fastest-growing giving vehicle in the US (34 percent growth rate over seven years)<\/li>\n<li>The average size of DAF account reached a record $247,217 (13.4 percent increase)<\/li>\n<\/ul>\n<p style=\"color: #000000;\">&#8220;More than ever, philanthropists are leveraging the power and flexibility of donor-advised funds, reaffirming their position as the most popular charitable giving vehicle in the US,\u201d said Heisman.<\/p>\n<p style=\"color: #000000;\">DAFs have outnumbered private foundations and the combined total of other gift planning vehicles for several years.\u00a0 NPT also reported a rise in illiquid asset donations and expects this trend will continue.<\/p>\n<p style=\"color: #000000;\">National Philanthropic Trust&#8217;s Donor-Advised Fund Report has been published annually since 2006. It primarily uses data from IRS Form 990 filings to provide the most up-to-date and reliable analysis of the DAF market. The 2014 report examined 1,012 charitable organizations (the highest number ever analyzed for the report) that sponsor donor-advised funds, including national charities, community foundations and other sponsoring charities.<\/p>\n<p style=\"color: #000000;\">Complete 2014 DAF Report available at\u00a0<a style=\"color: #196ad4;\" href=\"https:\/\/list.digitalwest.net\/lt.php?c=1865&amp;m=1814&amp;nl=1720&amp;s=d095a21bc3e6ca6d78f344c490c29501&amp;lid=13321&amp;l=-http--www.nptrust.org\/daf-report\/\" target=\"_blank\" rel=\"nofollow\">NPTrust.org\/daf-report<\/a>\u00a0and upon request.<\/p>\n<p style=\"color: #000000;\">Regards,<br \/>\nRichard Virgilio<br \/>\n973.879.9080<\/p>\n<p id=\"yui_3_16_0_1_1415823572974_26913\" style=\"color: #000000;\"><b>About National Philanthropic Trust<\/b><\/p>\n<p id=\"yui_3_16_0_1_1415823572974_26914\" class=\"yiv1826363965intro\" style=\"color: #000000;\">Founded in 1996, NPT has raised $4 billion in charitable contributions and currently manages over $2.1 billion in charitable assets. It has made more than 100,000 grants totaling $2 billion to charities all over the world and ranks as the largest independent DAF administrator.\u00a0 NPT annually publishes the\u00a0<a id=\"yui_3_16_0_1_1415823572974_26915\" style=\"color: #196ad4;\" href=\"https:\/\/list.digitalwest.net\/lt.php?c=1865&amp;m=1814&amp;nl=1720&amp;s=d095a21bc3e6ca6d78f344c490c29501&amp;lid=13322&amp;l=-http--www.nptrust.org\/daf-report\/index.html\" target=\"_blank\" rel=\"nofollow\">Donor-Advised Fund Report<\/a>, the industry&#8217;s authority on the state of DAF giving.\u00a0 Visit\u00a0<a id=\"yui_3_16_0_1_1415823572974_26916\" style=\"color: #196ad4;\" href=\"https:\/\/list.digitalwest.net\/lt.php?c=1865&amp;m=1814&amp;nl=1720&amp;s=d095a21bc3e6ca6d78f344c490c29501&amp;lid=13323&amp;l=-http--www.nptrust.org\/\" target=\"_blank\" rel=\"nofollow\">NPTrust.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 2014 Donor-Advised Fund Report, the most complete source for U.S. donor-advised funds (DAFs) statistics, found that grants from DAFs to qualified charities reached a record high of $9.66 billion in 2013, a 12.6 percent increase over 2012. Total DAF [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16046],"tags":[],"class_list":["post-44998","post","type-post","status-publish","format-standard","hentry","category-user-contributed-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=44998"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44998\/revisions"}],"predecessor-version":[{"id":44999,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/44998\/revisions\/44999"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=44998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=44998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=44998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}