Category Archives: Why DonorsTrust

Government “Philanthropy” vs. Private Giving

Government “Philanthropy” vs. Private Giving

Last week I made a call I didn’t want to make. A client sent a grant request for an organization that receives a significant portion of its revenue from government sources. I had to tell the client our Board likely would not approve the grant.

Since our founding, one of DonorsTrust’s guiding rules has prohibited grants to organizations receiving more …

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Benefits of DAFs: An Easier Way to Give

Benefits of DAFs: An Easier Way to Give

Charitable giving is meant to be a pleasure, not a slog. Writing a few checks a year to your favored groups isn’t difficult to manage. Yet, as the number of organizations you support increases, when bigger gifts require due diligence, or when your own desire to be more strategic with your charitable portfolio increases, “checkbook giving” becomes a burden.

Some …

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Myths Part 2: Misconceptions about flexibility and control

Myths Part 2: Misconceptions about flexibility and control

Last week, we looked at the first two of our six misconceptions about donor-advised funds. Today we’ll explore two more misconceptions, these related to flexibility and control.  Next week, we’ll look at two final myths related to the efficacy and value of donor-advised funds.

#3 – Donor-advised funds lack the flexibility of a foundation

It is certainly true that there …

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Myths and Misconceptions about Donor-Advised Funds – Part 1

Myths and Misconceptions about Donor-Advised Funds – Part 1

Donor-advised funds (DAFs) continue to be one of the country’s fastest growing giving vehicles. Donors using DAFs find the accounts lead to more strategic charitable giving, while still allowing them to maximize tax deductions. Yet while DAF use may be increasing quickly, many donors still don’t understand how DAF accounts function, and some fall prey to the many misconceptions surrounding …

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Know the “how” in addition to the “what” of donor intent

Know the “how” in addition to the “what” of donor intent

Many donors have a sense, even if just in their gut, of the causes and specific charities they want their philanthropic dollars to fund. All of that is meaningless, though, if they can’t be confident that those wishes will be carried out.

An article in today’s Wall Street Journal highlights the difficulties of carrying out donor intent. In “Staying

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Keeping the Intent Alive

Keeping the Intent Alive

Can DonorsTrust be expected to maintain the same diligence, the same integrity, and the same focus on donor intent after losing its co-founder and president, Whitney Ball?

I first saw a version of this question posed in response to the Wall Street Journal‘s online article about Whitney’s death.  My initial response, along with many people I knew, was to …

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It’s the Principles

It’s the Principles

I always enjoy asking clients why they decided to do their charitable giving through DonorsTrust. These are financially savvy folks and they realize that other groups and institutions offer donor-advised funds. So why go with us instead of someone else?

The answer I keep hearing: Principles.

As one long-time client told me, if all donor-advised funds offer essentially the same …

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