Endowed and Non-Endowed Assets
Smaller community foundations tend to have a much higher proportion of endowed assets than their larger counterparts.
Donor-advised funds tend to make up a more significant portion of assets in larger community foundations, which, while also having a higher proportion of non-endowed assets, could be reflective of their ability to provide flexible grantmaking options to their donors.
$50M - $100M
- Donor-advised funds
- Discretionary funds
- All other funds
|Size of Foundation||Donor-advised funds||Discretionary funds||All other funds|
As community foundation asset size as well as the proportion of those assets in non-endowed assets grows, so too do foundation-wide distribution rates. Additionally, donor-advised funds are seen as more active funding vehicles. It is important to specifically watch the growth of donor-advised and discretionary funds over time. DAFs are a widely-used donor vehicle and one of the fastest growing, while discretionary funds ultimately provide flexibility to a community foundation.
|Size of Foundation||Donor-Advised Funds||Whole Foundation|
|$25M - $50M||7%||5%|
|$50M - $100M||11%||6%|
|$100M - $250M||11%||7%|
|$250M - $500M||13%||9%|