Top 25 U.S. charities
October 24, 2014 by Michael S. Fischer
Any lingering doubts that donor-advised funds have come into their own have largely dissipated with the publication of The Chronicle of Philanthropy’s 2014 Philanthropy 400, which ranks the 400 charities that collect the most from private sources. Four of the top 10 charities in 2013 raised money primarily from wealthy donors by offering donor-advised funds. In addition to the DAFs housed at Fidelity, Schwab and Vanguard, the fourth big charity relying on DAFs is the Silicon Valley Community Foundation (SVCF), to which Mark Zuckerberg donated Facebook stock worth $970 million in December 2013.
Originally Posted at LifeHealthPro on October 23, 2014 by Michael S. Fischer.
Categories: Industry Articles
