Sixty-five percent of Schwab Charitable™ clients say they’ve increased their philanthropic giving more than they otherwise would have because they have a donor-advised fund account.
Donor-advised funds can accept gifts of non-cash assets, such as real estate and privately held stock, that can be difficult for many organizations to handle.
We take care of much of the administrative work involved with accepting non-cash donations, and we send grant checks to charities for easier processing.
Because a donor’s account is invested for potential growth, over time the donor may have more to give, which can sustain their giving even during uncertain economic times.
Because the assets have already been set aside, donor-advised fund account holders often grant more consistent amounts every year.