| 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 |
The Reddit trading community's formal comment letter against the proposal is drawing widespread attention across finance and tech circles.
RIA aggregator adds $4.8 billion in client assets across seven states as demand grows for alternatives to traditional succession models.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Shareholder targets FS KKR Capital's directors over alleged portfolio valuation and dividend missteps.
UBS has a history of costly litigation stemming from the sale of volatile investment products.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline