From eJewish Philanthropy (July 19, 2022)
In an article reporting on a new poll finding that most Americans don’t know how charitable foundations and donor-advised funds (DAFs) work but that, one informed, they favor more regulations on them, eJP sought perspective from JFN President and CEO Andres Spokoiny. Â
The Ipsos results should be taken “with a lot of salt,” Spokoiny said, noting the low percentage of respondents who were previously aware of DAFs. The survey had 1,005 respondents and a margin of error of 3.5%.
Spokoiny also feels critics overstate the problem, and pointed to a 2021 study from the National Philanthropic Trust, a public charity and philanthropy research organization, showing that DAFs had a payout rate of 23.8% in 2020 – more than double the mandatory payout rate that respondents told Ipsos they support. Meanwhile, private endowed foundations had an average payout rate of 7.3% that year, according to a survey by Candid.
- Read the full article in eJewish Philanthropy
- Read "Americans’ Understanding of and Opinions about Charitable Foundations and Donor-Advised Funds" (by Ipsos and Institute for Policy Studies)
- Learn about Israel's first-ever donor-advised fund Keshet-DAF which JFN helped establish.