Donor-advised funds are now a dominant force in philanthropy, growing faster than nearly any other giving vehicle. But as their influence expands, so does the debate: How much of this money is actually reaching communities in need?
With $1.8 trillion set aside for charitable purposes, much of it remains unspent – raising questions about timelines, incentives, and accountability. As policymakers, advocates, and donors push for change, this series explores what’s next for DAFs and the movement to ensure philanthropic dollars make a greater impact.
Magic Cabinet is a philanthropic foundation that champions communities’ work by partnering with nonprofits and philanthropists to achieve community-led and defined impact.
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