Donor advised funds continue to be an important option for donors, and we see contributions to these funds increasing over time. Donor advised funds have the dual advantage of providing donors of all income levels the opportunity to participate in philanthropy while ensuring—through the stewardship of the community foundations (or other sponsoring organization)—professional management and oversight of grantmaking from the funds. In addition, community foundations have the necessary knowledge about their local communities to match interested donors with charities in the community addressing those local needs. In short, donor advised funds continue to be an important philanthropic tool to encourage charitable giving at a time when the communities need such giving the most.
Resources on this: