sarah e. frostenson

for data in journalism


The Rise of the Donor-Advised Fund

As lead analyst and reporter, I analyzed 134 of the nation's largest donor-advised funds and found that donor-advised funds were accumulating assets far more rapidly than both nonprofits and foundations combined.

Read the entire special report.

Worth almost a third more than before the recession, donor-advised funds received 46 percent more in donations in 2012 than in 2011. This compared to nonprofits, which attracted just 7 percent more in contributions and big foundations, whose assets grew by only 4 percent, according to Chronicle studies.

Critics of donor-advised funds have said that the funds give little directly to charity and argue that the funds should be subject to payout requirements like foundations. My reporting inspired a panel on the subject at the Hudson Institute, where I presented my findings.