Presented by Philanthropy Northwest
Donor-Advised Funds (DAFs) have become increasingly popular among donors as a way to support nonprofits. Currently, there is over $234 billion held in DAFs. DAFs are funds managed by a sponsor until the donor decides which nonprofits to donate to and are now more popular than foundations as a means for the wealthy to make charitable donations.
We invite you to join us for this conversation about the rise of DAFs as a philanthropic vehicle and the benefits and challenges of this trend for nonprofits and DAF sponsors. What reforms and practices will best unlock the funding our communities need in order to thrive? We’ll get perspectives from nonprofits, community foundation DAF sponsors and donors on how we can all better work together to ensure DAFs are supporting our communities.
During this call we'll:
- Share national and regional data about the landscape of DAFs.
- Share perspectives of donors, community foundation DAF sponsors and nonprofits on this issue.
- Discuss the reforms that have been proposed to improve transparency and accountability.
- Dig into how DAFs can support BIPOC, low-income and rural communities.
This call is hosted by Philanthropy Northwest, Nonprofit Association of Washington and BIPOC Executive Director Coalition of Washington.
For more information and to register, visit the event page.