Philanthropic Insights from GlobalTrust Funds
Give More Impactfully Through Your Donor-Advised Fund
GlobalTrust Funds is proud to present Philanthropic Insights, a closer look at the world of Charitable Giving and Donor-Advised Funds. Our relationship with you is our utmost treasured asset, and your trust and confidence in us is paramount. It is our heartfelt wish that the insights presented here will help guide you and your legacy of generosity.
Donor-Advised Fund Trends
Grants from DAFs increased 9 percent to $52.16 billion, a new high for grant dollars. Grantmaking has increased every year since 2009 and has more than doubled in the past five years. DAF donors have consistently demonstrated their commitment to supporting nonprofits operating in challenging environments.
Contributions and grants grew in tandem. Both grants and contributions saw 9 percent growth rates in 2022. These growth rates are slower than the previous two years when donors gave to and granted from their DAFs in response to events such as the COVID-19 pandemic and racial justice movements.
Total charitable assets in DAFs declined slightly—a 1.1 percent decrease from 2021—in part because the stock market dropped significantly during this time period. Despite the most notable market decline since 2008, DAF assets reached $228.89 billion in 2022, the second-highest value on record after 2021.
DAF payout rate declined. After experiencing consecutive new highs in 2020 and 2021, the DAF payout rate decreased to 22.5 percent in 2022.
Grants from DAFs increased 9% to $52.16 billion, a new high for grant dollars.
Grantmaking has increased every year since 2009 and has more than doubled in the past five years. DAF donors have consistently demonstrated their commitment to supporting nonprofits operating in challenging environments.
Donor-Advised Funds Growth Rate
In 2022, the number of Donor-Advised Fund (DAF) accounts in the United States increased by 2.9%, reaching a total of 1,948,545 accounts. This growth was driven by several factors, including growing interest in workplace-giving accounts, lower contribution minimums, and the flexibility that DAFs offer. Additionally, the average DAF account size in 2022 was $117,466, slightly lower than the previous year’s average of $122,162.
It is fascinating to see how DAFs continue to evolve and play a crucial role in philanthropy. These accounts allow donors to support charitable organizations and causes effectively, contributing to the overall well-being of communities and nonprofits.
GlobalTrust Funds' professional advisors can help ensure your gift is positioned for maximum impact for the causes and legacy most important to you.
Legacy of Family Giving Strategies
A well-planned, intentional strategy for your giving can make all the difference. At GlobalTrust Funds, our purpose is to help generous donors like you create a giving strategy based on your values and impact goals that empowers you to be more faithful, generous, and fully alive. If you want to give with more impact, cultivate unity in your family, and leave a legacy of generosity, let’s start a conversation.
Family Engagement to Building Legacy. In the planning of a family retreat, asked each of your adult children and grandchild to prepare a 3-minute presentation on a nonprofit they were interested in. This exercise provides the family the chance to learn about the causes that matter most to the entire family . It’s very interesting and invaluable to learn about each of their world view and passions.”
Working with GlobalTrust Funds' professional advisory staff, we can help you in all aspects of planning your Family Legacy Giving.
Corporate Philanthropy
Today's employees have high expectations regarding the corporate culture of their firms. This includes corporate generosity, giving back to society from corporate profits, and matching charitable donations from their staff.
They want their employer to be philanthropic. But cultivating a purpose-driven workplace with modern generous benefits and an effective Corporate Social Responsibility CSR program is easier said than done. Working with GlobalTrust Funds' professional advisory staff, we can help you in all aspects of planning your corporate philanthropy.
Non-Cash Donations
As philanthropy changes to meet the demands of an increasingly complex and interconnected world, donor-advised funds (DAFs) are growing in popularity. Active donors supporting a wide range of causes, advisors providing a greater suite of professional resources to their clients, and all parties searching for a deeper knowledge about the charitable landscape are discovering DAFs as an effective and efficient method of philanthropic giving.
The impact of DAFs on the world of philanthropy is growing as more donors turn to DAFs utilizing a donate Non-Cash Donations to meet their philanthropic goals.Working with GlobalTrust Funds' professional advisory staff, we can help you in all aspects of planning your Non-Cash Donations
Contribution Types and Benefits
What can you donate & gift ?
- Cash
- Stocks, Bonds, ETF
- Mutual Funds
- Real Estate
- IRAs and other retirement accounts
- Closely-held Business Interests
- Bequests
- Trust Interests
- Life Insurance
Crypto Currency- BTC, ETH and others Gold, Silver Precious Metals
What are the benefits?
- Leave a legacy
- Immediate income tax charitable deduction • Organize your philanthropy
- Pass on your personal charitable assets
- Avoid capital gains
- Build an endowment
- Recommend anonymous grant