06/03/2026
David King says it really is just a bank account.
“I think what often gets lost in the DAF strategy discussion is that a DAF is really just a bank account an individual can use to make a gift. The process of working with the donor does not change because they have a DAF. Rather, they choose to send a check from their checking account, IRA, transfer stock, or send from a DAF. That is just the mechanics of completing a transaction. DAF giving is individual giving—PERIOD.”
There is no doubt that the use of donor-advised funds (DAFs) is growing at a rate that is outpacing other avenues of giving. According to data from the DAF Research Collaborative (DAFRC), total assets in DAFs reached $327.87 billion during fiscal year 2024, a 27.9% increase from the previous year. P...