The 5 Percent Foundation Payout Requirement May Be a Floor, but the Ceiling Is Awfully Low
Most private foundations stick quite closely to their 5 percent payout requirement. And America's largest are unlikely to give much more than the minimum.
Philanthropy
More than $2.5 Billion in Donor-Advised Fund Grants Went to Other DAFs in 2021
The IRS just released two years of long-awaited nonprofit tax filings. We found an enormous jump in DAF-to-DAF giving.
Private Foundations Gave $2.6 Billion in Grants to National Donor-Advised Funds in 2021
Private foundations are currently allowed to make grants to donor-advised funds, or DAFs, and to count those grants toward their charitable distribution requirement of 5 percent of their assets each year.
The 2022 Giving Slump Exposes the Fragility of Top-Heavy Charity
When ultra-wealthy donors dominate philanthropy, our charities are less resilient.
