Grants From Donor-Advised Funds Totaled $19.08 Billion in 2017

Grants awarded from donor-advised funds in the United States in 2017 totaled a record $19.08 billion, up 19.9 percent from 2016, a report from the National Philanthropic Trust finds.

Based on an analysis of data from nearly a thousand charitable organizations that sponsor DAFs, including national charities, community foundations, and other sponsoring charities, NPT’s 2018 Donor-Advised Fund Report found that contributions to DAF accounts increased 16.5 percent, to $29.23 billion, on a year-over-year basis, while total assets available for grantmaking increased 27.3 percent, to $110.01 billion, and the aggregate payout rate rose to 22.1 percent, up from 20.6 percent in 2016, interrupting a downward slide from a high of 24.7 percent in 2010.