Foundation Grants
Community Vital Signs
About Us
Americans are giving more to charity than ever before, according to a new report from the National Philanthropic Trust.
In its 2023 Donor-Advised Fund Report, the trust found that nearly 2 million individuals have set up DAFs, or donor-advised funds, and that those accounts held more than $228 billion in assets.
That's more than double the growth of foundations, and more than double the growth in grants from DAFs, which have increased every year since 2009 and more than doubled in the past five years.
One of the main reasons for the trend is the tax benefits of DAFs, which, unlike foundations, require one to open an account with a sponsoring organization, contribute assets, and make grants to various charities.
There's no minimum yearly distribution requirement, so donors can allow their assets to grow as they wish and then donate when compelled or when the need arises, such as a natural disaster or mass casualty event.
The report also found that the number of individual DAF accounts rose 2.9% from 1,893,762 in 2021 to 1,948,545 in 2022.
And grants from DAFs increased 9% to $52.16 billion, a new high for grant dollars, which have increased every year since 2009 and more than doubled in the past five years.
Read the Entire Article
Selected Foundation News
A customized collection of news from foundations from around the Web.
New data from Statistics Canada signals a troubling trend in Canada's food manufacturing sector.From 2021 to 2023, just 67.7 per cent of food processing businesses introduced at least one innovation,...more
Department of Energy (DOE), the budget reflects a targeted reorientation of funding toward technologies that align with the administration's energy, industrial and national security priorities.The...more
"World Calls on China to Lead": Urgent Climate Demands Escalate Ahead of Pivotal Global Sustainability Transition Conference.China is positioned to lead global climate action with its dominance in...more
Circular construction is about rethinking how we build, renovate, and repurpose urban spaces.By extending the life of building materials from existing structures the hope is to reduce waste generated...more
Kutztown University has been awarded a state grant to support a program that is helping to combat the ongoing teacher shortage in Pennsylvania.The state Department of Education will provide $946,951...more
USF Nursing unveils SHINE Science Center to power discovery and innovation.USF Health College of Nursing is proud to announce the opening of the Sleep and Health Innovations in Neurobehavioral...more
Lucy Xiaolu Wang, assistant professor of resource economics, has been honored with the Best Young Researcher Award at the 15th annual Conference on Health IT and Analytics (CHITA) The award...more
Laura Magana, PhD, is president and CEO of the Association of Schools and Programs of Public Health.Her talk will focus on how public health systems can proactively shape policies, environments and...more
Dimitris Bertsimas, MIT's vice provost for open learning, is the innovator behind 15.071 (The Analytics Edge) The book provides a practical introduction to the field of health care analytics.Using...more
AHA presents variety of awards recognizing leaders across the health care field.Hospitals and health systems are urged to nominate candidates as soon as possible for the AHA Next Generation Leaders...more
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.