New study: With donor-advised funds, unexpected giving leads donors to expand their philanthropy
Apr 17, 2024
This is the story of donor-advised funds. In a normal year, they are strong charitable engines that churn out donations and help power the philanthropic sector. But when the unthinkable happens, they are also equipped with a special extra gear. Not only do DAFs help respond to natural disasters, but evidence also shows that they can be a stabilizing force to the philanthropic world during economic downturns.
Apr 17, 2024
In the first edition of Why Giving Matters, granting and survey data revealed that a DAF empowers donors to give more to charity and to give more effectively, with these benefits only increasing over time. In this edition, we focus on how donors can use their DAF flexibly to respond to both their longstanding charitable commitments as well as supporting emergent needs. Our findings confirmed the power of a DAF—but they also revealed an effect unexpected giving has that surprised everyone.
How are donors able to respond to a great variety of causes with one charitable giving vehicle? How effective is a DAF in supporting donors’ various charitable interests? Read the report now to get answers to these questions and more.
Vanguard Charitable donors are free to recommend grants from their account to any 501(C)(3) public charity. While donors may have charitable causes or organizations that have long been important to them, they can also use their DAF for flexible giving—responding to emergent events or new information about different causes.
Survey and granting data revealed that donors use their DAFs for both long-term, prioritized charitable giving and responsive, unexpected giving. We wanted to understand how well donors could give to emergent events without displacing their typical, ongoing giving.
And the results are staggering. In fact, one powerful impact of unexpected giving on donor behavior was not at all one we expected to see!
In this year’s donor-advised fund (DAF) report, we explore both the long-term sustainability of DAFs and the flexibility of this powerful giving vehicle. Why Giving Matters is based on a new survey of Vanguard Charitable donors and a decade of data on the philanthropic giving of Vanguard Charitable donors.
Please complete the form below to download the report.
Apr 03, 2024
It’s a mantra here at Vanguard Charitable: How can we best honor the trust our donors have put in us?
After all, they’ve committed hard-earned money to charity with the goal of making a difference in the world. It’s a goal we mean to support every way we can.
As a good steward for the charitable dollars in our care, we work to maximize them at every opportunity. Thanks to the unique structure of Vanguard Charitable’s curated investment lineup, our donors now qualify for the lowest expense ratio possible for our Total Bond investment.
Accounts having a balance below $25,000 may be subject to an annual maintenance fee of $250.
Our premier clients enjoy reduced pricing to further maximize their impact.
Our representatives are happy to guide you through.