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How DAFs Can Support Nonprofits Through Nontraditional MeansHow DAFs Can Support Nonprofits Through Nontraditional Means

Help donors have a greater impact.

12 Min Read
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While not subject to the same distribution requirements as private foundations (PFs), donor-advised funds (DAFs) consistently punch above their weight when it comes to grantmaking. For instance, researchers have noted that despite holding just one-sixth of the aggregate assets held by all DAFs and PFs, DAFs were responsible for roughly a third of such charitable entities’ grants in 2022.1 

How do DAFs compare to PFs in terms of less traditional means of support? And when should DAF donors weigh alternate strategies? Consider that many nonprofits consistently raise just enough revenue from fees for service, government and private fundraising to meet their immediate needs and must turn to other forms of financing to achieve certain long-ter...

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About the Authors

Jennifer B. Goode

Director, Bernstein Private Wealth

Jennifer B. Goode is a Director with Bernstein Private Wealth in the Washington, DC office.  Prior to joining Bernstein, Jennifer was a founding partner of Birchstone Moore LLC, a Washington, D.C., boutique law firm focused on estate planning and estate and trust administration.  Jennifer is also a past Co-Chair of the D.C. Bar’s Taxation Section’s Estate Planning Committee and current Co-Chair of the Washington, D.C. Estate Planning Council’s Programming Committee. In addition, she was previously recognized as a Top Lawyer and a Top Financial Advisor by Washingtonian Magazine.  Jennifer is a graduate of both Duke University School of Law and Washington University in St. Louis.

Jennifer R. Ostberg

Director, Wealth Strategies group and Philanthropy Institute, Alliance Bernstein

Jennifer R. Ostberg is a Director with Bernstein’s Wealth Strategies group Philanthropy Institute and is located in the firm’s Boston office. She is responsible for providing investment advice and solutions to philanthropic individuals and works closely with high-net-worth families, foundations and endowments, and their professional advisors on family engagement and education, and a variety of complex investment planning issues. Jennifer is a CERTIFIED FINANCIAL PLANNER™ professional.

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