Nov 21, 2018
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Donor-advised funds are growing in popularity with balances held in DAFs offered by community foundations and other sponsoring institutions growing at over 11% per year. At the end of 2016, DAF balances were approximately $3.2 billion…and expected to double over the next decade. But even with that growth in number and popularity, a full picture of Canadian donor-advised funds has been lacking…until now. A recently released report by Investor Economics, A Strategic Insight company, called Donor-advised Funds: The Intersection of Philanthropy and Wealth Management contains the most comprehensive examination of DAFs available in Canada. The report reviews DAFs from all points of view and provides insights into trends, possible regulatory developments and the attitudes of donors, sponsors and advisors.
In this episode of The Ask, we explore the findings with report authors, Keith SjÖgren, Managing Director, Consulting Services at Investor Economics and Karen Hudson, an Independent Consultant working with Strategic Insight as well as with Jo-Anne Ryan, Vice President Philanthropic Advisory Services at TD Wealth. You can access information on accessing the report here.
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