Donor-advised fund assets top $250 billion, but report says gifts in and out of the funds are down ...Middle East

Total contributions to donor-advised funds dropped 21.7% in 2023, while grants made to charities from those funds declined 1.4%, according to a new report by the National Philanthropic Trust. The 2024 DAF Report looked at the DAF landscape using data for the 2023 fiscal year. While contributions to and grants awarded from DAFs were both down, assets held within the funds grew 9.9% to $251.5 billion, according to the report. “While individual giving was down, DAF grantmaking remained steady,” a spokesperson for the National Philanthropic Trust said via email. “DAF donors continue to be one of the most consistent funding sources for charities despite economic and financial market headwinds.” W

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