You get a DAF! YOU get a DAF! And You get a DAF!
If you know your Donor-Advised Funds, or DAFs, you know that donor-advised funding is growing with breathtaking speed. Charities are receiving money from DAFs at nearly the same velocity as private foundations.
Most DAFs require an initial investment of thousands of dollars with average account sizes in the hundreds of thousands of dollars. These tools for easy giving management have traditionally only been for those who qualify. But today's everyone's lucky day, friends because DAFs are now within reach for everyone; Millie makes it possible to open your own DAF for $20.
To celebrate this huge step toward democratization in philanthropy, Funraise CEO and Co-founder, Justin Wheeler, sat down with Millie's founder, Rachel Klausner, for one of the most enthusiastic, pivotal, pinpointing-a-need conversations we've seen.
After trading a few DAF factoids, Rachel and Justin got to the heart of the matter, discussing topics like...
- unparalleled access to donors through workplace giving
- the effect of matching donations on company culture
- making matching donations less manual, even for small companies
- how letting nonprofits tell their own story promotes equity and impact
So whatever today throws at you, remember that philanthropy has a bright, equitable future, and you can be a part of it.