| Donor-Advised Fund Overview* | 2013 | 2012 | % change |
|---|---|---|---|
| Charitable assets | $ 53.74B | $ 44.85B | 19.8% |
| Total contributions | $ 17.28B | $ 13.99B | 23.5% |
| Total grant dollars | $ 9.66B | $ 8.58B | 12.6% |
| Grant Payout** | 21.50% | 22.50% | -4.4% |
| Total # of donor advised fund accounts | 217,367 | 205,552 | 5.7% |
| Average size of donor advised fund*** account | $247,217 | $218,054 | 13.4% |
| Charity | 2013 Assets ($M) | % change vs. 2012 | 2013 GRANTS ($M) |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | $10,218.1 | 35.2% | $1,800.0 |
| Schwab Fund for Charitable Giving | $4,781.5 | 51.1% | $595.2 |
| Vanguard Charitable Endowment Program | $3,590.2 | 30.3% | $501.2 |
| Silicon Valley Community Foundation | $3,418.9 | 99.6% | $298.2 |
| National Philanthropic Trust | $1,648.3 | 43.4% | $274.2 |
| National Christian Foundation | $1,425.1 | 16.4% | $654.6 |
| Jewish Communal Fund of New York | $1,163.2 | 16.6% | $272.2 |
| Greater Kansas City Community Foundation | $1,074.9 | 36.5% | $84.3 |
| New York Community Trust | $1,021.9 | 12.1% | $85.3 |
| Renaissance Charitable Foundation | $639.0 | 31.0% | $69.1 |
Anthropic's Millennium partnership moves AI from reactive tool to proactive risk monitor — but other wealth tech leaders question its fit for RIA practices.
Milind Mehere offers perspective on why ambient AI, not smarter models, will define the next decade of wealth tech.
Kenneth Thom, 42, reinvented himself as a finfluencer known as “K Money.”
A press-freedom lawsuit filed in Manhattan challenges the president's $100,000-a-month Truth API service used by trading firms.
Research reveals six hidden costs inside "zero-fee" IRAs, with one investment mistake potentially amounting to $170,000 over a 30-year period.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
