According to The Chronicle’s biennial survey of 126 large donor-advised funds, assets at the biggest funds were 10 percent higher than they were in 2007, just as the economy began to sour. What’s more, signs of growth continue in 2012: Total assets of the top 10 largest funds are up 16 percent, led by a 25-percent increase in assets at the Fidelity Charitable Gift Fund. Other indicators, such as the number of funds, gifts, and grants as well as the value of gifts and grants, show that most donor-advised funds in this top group are on par to match or surpass the growth seen last year.
Posts Tagged ‘Donor Advised Funds’
Major Donors on 05/29/2012 at 3:48 pm