LUNCHEON - Donor Advised Funds: Treasure or Threat?
Admission
- $40.00
Location
Description
Have Donor Advised Funds (DAFs) impacted your charity in 2019? CalNonprofits reports that in 2018 the number of donors dropped 6% and dollars from individual giving was 4% lower. On the flip side, the Institute for Policy Studies reports that donations to DAFs have grown 66% over the past five years, and the percentage of individual giving to DAFs has doubled in the last seven years. Since 2010, the number of DAF's has increased by almost 300 percent to 728,000.
Although donations to DAFs have the same tax deductibility as to operating nonprofits, DAFs have none of the obligations required from nonprofits such as transparency or producing positive social outcomes. Now America’s largest financial institutions are massively expanding these accounts that claim to “maximize clients’ philanthropy” by converting charitable dollars into stocks and investments.
CalNonprofits C.E.O. Jan Masaoka will speak about what this means for nonprofits and the implications for nonprofit fundraising.
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Jan Masaoka is CEO of California Association of Nonprofits (CalNonprofits), a statewide policy alliance and the voice for California's nonprofit community. CalNonprofits is an effective advocate in Sacramento, able to mobilize 10,000 members covering 57 of California's 58 counties. Jan is a nationally recognized writer, researcher and speaker with a focus on nonprofit business planning, boards of directors and the role of nonprofits in society.
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Registration for this event is required. Registration is $20 for DER members and $40 for non-DER members. (NOTE: To receive the discounted members' rate, you must sign in to your account before registering.)
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Venue: Lighthouse for the Blind 1155 Market Street, 10th floor, San Francisco, California
Please come through the regular LH reception on the 10th floor and walk down the stairs to the 9th floor. Then proceed to the Board Room.
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Cancellation Policy: If you contact us to cancel your registration before the deadline (02/12 at noon), you may receive credit towards a future event. If you cancel your registration after the deadline, the payment will be considered a tax-deductible donation to DER. Thank you for your support!