Amplified Giving

Split-Fund DAFs: Best of Both Worlds for Nonprofits

[fa icon="calendar'] September 20, 2019 at 4:57 PM / by Matt Keller posted in Insider Tips, Philanthropy, Charitable Giving, Donor Advised Fund, DAF, Tax Deduction, Specialty Assets, legacy, back office, outsourcing

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There’s little doubt that the more restrictions you put on a Donor-Advised Fund (DAF) program, the less attractive it becomes to donors. If you limit where donors can invest, restrict where they can recommend grants and set initial contribution amounts too high, the potential for donors to want to participate is reduced. This could be the root cause for why many nonprofit organizations wanting to focus a donor’s charitable giving dollars on their specific missions shy away from a DAF option. But what if there was a way to set up the fund to direct a specific percentage of recommended grants to the sponsor charity, and still allow discretionary granting of charitable dollars to other qualified nonprofits of a donor’s choosing?

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With Fundraisers Abandoning Ship, is Now the Time to Outsource?

[fa icon="calendar'] August 31, 2019 at 3:57 PM / by Matt Keller posted in Insider Tips, Philanthropy, Charitable Giving, Donor Advised Fund, DAF, Tax Deduction, Specialty Assets, legacy, back office, outsourcing

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The Chronicle of Philanthropy released the results of a recent study they conducted in partnership with Harris Poll and the Association of Fundraising Professionals that said 51% of fundraisers in the United States plan to change jobs by 2021. That’s a concerning statistic for many nonprofit organizations. Fundraising professionals cite not enough staff, not enough resources, lack of organizational structure, low income potential, and unrealistic goals as reasons for the shift in career path.

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