Donor Advised Funds Are Exploding in Popularity: Here’s Why

July 11, 2023

By La Crosse Community Foundation

Support your favorite charities with ONE donation

What if, with just one donation, you could support all your favorite charities? A donor advised fund allows you to do just that!

With a ten-year average growth rate of 20%, donor advised funds, or DAFs, are the fastest-growing vehicle for charitable giving in the United States. According to the 2022 DAF Report by the National Philanthropic Trust, more than 1.2 million DAFs exist today, totaling more than $230 billion in charitable assets.  At La Crosse Community Foundation, DAFs account for nearly 40% of the hundreds of charitable funds we currently administer for our donors.

Top five reasons donor advised funds are so popular

A donor advised fund is like a charitable investment fund you establish for the sole purpose of supporting charitable organizations you care about. To start a DAF, you make a gift, name your fund, and then you get to recommend grants at any time to the charities you love. See the top five reasons these funds are so popular.

Is a DAF right for you?

If you’re wondering whether a DAF is right for you, call us today. We’re happy to review the benefits with you, along with other giving vehicles that may help you reach your giving and estate planning objectives.