Credit score: DAFgiving360
Schwab Charitable, a supplier of donor-advised funds (DAFs), introduced it has renamed the group DAFgiving360 and can unveil a brand new model in live performance with its twenty fifth anniversary.
Aligned with DAFgiving360’s unchanged mission – to extend giving within the U.S. – the brand new model is meant to interact donors, their advisors, charities, and the philanthropic neighborhood. As a part of this engagement, it can search to:
- Use DAFgiving360 to assist make donor-advised funds synonymous with giving, so that each particular person considers this straightforward, tax-smart, and environment friendly resolution when they consider making charitable donations.
- Assist donors and their advisors perceive who DAFgiving360 is (an unbiased 501(c)(3) public charity) and what it supplies, in order that they will leverage a donor-advised fund resolution to assist maximize particular person giving as a part of their monetary planning.
- Spotlight DAFgiving360’s continued dedication to offering a holistic giving resolution, centered round DAFs, for present donors, advisors, and future generations of philanthropists.
Giving by way of DAFs has grown from roughly 5% to over 25% of particular person giving within the U.S. over the previous 10 years1 as people and their monetary advisors have embraced DAFs to maximise philanthropic influence with a considerate, strategic method to charitable giving.
Whereas the model and identify of the group will probably be new, the expertise of working with DAFgiving360 won’t change for donors or monetary advisors, and no modifications are being made to account buildings. DAFgiving360 is dedicated to creating giving as simple and environment friendly as attainable by the continued enhancement of platform capabilities and academic choices that can assist donors create a holistic giving plan that’s included into their broader wealth and legacy planning.
DAFgiving360 will proceed to play a vital function within the complete method to wealth planning that RIAs and Charles Schwab & Co., Inc. monetary consultants can present to shoppers who prioritize charitable giving.
“We’re proud to rejoice the milestone of our twenty fifth anniversary and the influence our beneficiant donors have had, whereas waiting for how we will develop and evolve our platform to satisfy the wants of latest generations of donors,” stated Sam Kang, President of DAFgiving360. “Any particular person who needs to make a distinction can make the most of a DAF, irrespective of the scope of their charitable intentions. We would like our new identify to drive consciousness of DAFs in order that they develop into synonymous with giving and in doing so enhance charitable giving total.”
Over the previous 25 years, DAFgiving360 donors have granted greater than $33 billion to almost 250,000 charities. In 2023 alone, its donors granted a file $6 billion to charities by multiple million particular person grants. As this momentum continues to construct, fueled by the generational wealth switch, new drivers of wealth creation, and the rising curiosity in making a significant influence, DAFgiving360 is positioning itself to satisfy the evolving wants of donors over the following 25 years and past.
The previous press launch was supplied by an organization unaffiliated with NonProfit PRO. The views expressed inside don’t instantly replicate the ideas or opinions of the employees of NonProfit PRO.
