Donor-advised funds (DAFs) continue to grow at a ridiculous rate, and criticism of them continues to be limited, and I thought it time to follow up on how the sector resists needed change.
DAFs Archive
Donor-Advised Funds (DAFs) and changing the sector
Some nonprofits and a lot of nonprofit workers they surveyed love those mysterious little packages from phantom donors. All I see is unfettered, hyper-individualistic capitalism with little structure to consider community needs.
Let’s talk about DAFs: A call for transparency and equity
By Maegan Vallejo and Nia Wassink
The existing lack of oversight and giving requirements for donor-advised funds (DAFs) raises pressing concerns that extend beyond philanthropy.