Donor Advised Funds (also known as DAFs) are increasing in popularity and many foundations are jumping on board. Yet this method of giving is getting some criticism. While DAFs totaled more than 110 billion in 2017, some organizations are accumulating assets and holding onto them. There is criticism that donors and funding destinations can be anonymous, creating a less-than-transparent process and critics of donor-advised funds are suggesting that Congress should regulate DAFs and require a minimum payout.
Topics: Video, Opinion, Community, DAFs, Donor Management, Nonprofit, Community Foundation, DAF, Donor Advised Funds, Fiscal Sponsorship, Interview, Kris Putnam-Walkerly, SmartSimple, SmartSimple Interview Session
In the first of our ongoing interview series discussing current and future trends of philanthropy, we sit down one-on-one with thought leaders to learn and share their relevant experiences from the field. We recently talked to Zia Maumenee, grants manager for Headwaters Foundation about fiscal sponsorship and its impact in the philanthropic world to gain her insight and expertise.
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