The Charity Insights Canada Project (CICP) published insights into charities’ relationships with Donor Advised Funds, drawing on responses from organizations across Canada. Over one-third (36%) of participating Canadian charities reported receiving zero DAF grants in the past 12 months; meanwhile, the majority reported receiving the following:
- 1-10 grants: 46%
- 11-50 grants: 7%
- 51-100 grants: 1%
- More than 100 grants: 1%
The approximate total dollar values of the DAF gifts that participating charities reported receiving in the past 12 months are as follows:
- Under $5,000: 26%
- $5,000-$24,999: 34%
- $25,000-$99,999: 25%
- $100,000-$499,999: 11%
- $500,000 or more: 2%
- Not sure: 2%
Participating charities shared key challenges they are experiencing related to DAF giving:
- Identifying and cultivating prospective DAF donors: 56%
- Limited internal understanding of DAFs: 35%
- Stewarding and communicating with DAF donors: 29%
Check out the CICP data for further insights, click here.
