Philanthropy

National Philanthropic Trust Donor-Recommended Grants to Charities Surpass $5.15 Billion In 2021

National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds (DAF), granted $5.15 billion on behalf of its donors in 2021, representing an increase of 15% of dollars granted compared to 2020 and an increase of 212% compared to pre-pandemic giving in 2019.

NPT supported more than 32,000 different charities, the largest number on record, through nearly 96,000 grants last year. These grantees span all 50 states and the District of Columbia.

While the world continued to evolve, our donors maintained an intense interest in giving. NPT grants tripled in value compared to pre-pandemic philanthropy in 2019 and we supported a record number of grantees. Our grantmaking surged at the beginning of the pandemic in 2020 and exceeded initial historic levels in 2021. NPT donors remained loyal to the organizations they supported in the past while continuing to recommend additional grants to new organizations in response to the pandemic and other equity and social issues.”

Eileen Heisman, CEO of National Philanthropic Trust

Heisman continued, “When I spoke with our donors throughout 2021, and especially during Giving Season, they talked about how passionate they were to support many causes and charities, both new and old. DAF donors are proactive philanthropists who authentically want to use their DAF dollars to make an impact locally, nationally, and internationally.”

NPT 2021 Year in Review

  • $5.15 billion in donor-recommended grants, representing an increase of 15% compared to 2020 and a 212% increase from pre-pandemic giving in 2019.
  • 95,717 grants to every state and the District of Columbia and international charities, representing an increase of 12% compared to 2020 and a 53% increase from pre-pandemic giving in 2019. All eight charitable subsectors saw an increase in volume of grants.
  • 32,529 charities received donor-recommended grants, representing an increase of 13% compared to 2020 and a 38% increase from pre-pandemic giving in 2019.

“DAF donor support has been critical to fulfilling our mission, both in terms of meeting immediate needs and expanding our capacity in the future,” said Annalyse Kehs, project director of PlantVillage, a global nonprofit and research lab based at Pennsylvania State University. “NPT donors’ clear, unrestricted and intentional commitment in 2021 means a great deal to the communities we serve and our staff.”

Highlights of the nearly 96,000 donor-recommended grants in 2021 include gifts to honor the sacrifices of firefighters who laid down their lives to save others on September 11, 2001, help families impacted by the tornado devastation in Kentucky, combat institutional racism at the local community level, engage people and communities with wildlife and nature, provide air transportation to children in need of specialized medical care, and support Olympic Team USA athletes.

About National Philanthropic Trust
Founded in 1996, National Philanthropic Trust (NPT) marked its 25th Anniversary in 2021 as the largest national, independent public charity that manages donor-advised funds and one of the leading grantmaking institutions in the U.S. Since its founding, NPT has raised more than $38.9 billion in charitable funding and has made more than 492,000 grants exceeding $17.5 billion to nonprofits around the world. NPT annually publishes the Donor-Advised Fund Report, the sector’s authority on the state of DAF philanthropy.

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Fundraising, Nonprofit Management

American Camp Association Receives $45.5 Million Grant from Lilly Endowment Inc. to Strengthen Character Development Programs for Young People

PR Newswire | February 02, 2024

The American Camp Association® (ACA) is honored to announce that Lilly Endowment Inc. has awarded ACA a $45,535,623 grant to support the creation of a new, multiyear initiative to grow, improve, and celebrate character development at camps across the United States. Character at Camp is an innovative initiative anchored in the belief that summer and year-round camp programs provide an unparalleled opportunity to promote the character development of young people. While camps vary greatly in their mission, size, activities, programming, and location, many are run with an intrinsic focus on youth development and character-building skills and traits. ACA's recent National Camp Impact Study demonstrated that camp experiences support social connectedness among youth and the development of skills and traits such as perseverance, responsibility, and the willingness to try new things. This study also found that these skills and traits last over time. Individuals who attended camp as children demonstrate these skills and traits throughout academic environments and well into their early careers. For more than a century, character development has been foundational to the camp experience, as each camp distinctively offers a variety of opportunities to develop important character skills and traits. Camps provide young people with experiences in less-distracting settings, often surrounded by nature, that can help support character development through social interactions with peers and counselors, time for reflection and other activities. For example, campers learn responsibility as they help set tables in the dining hall, engage in leadership when guiding groups during hikes, and practice empathy when they support fellow campers who are missing home. In today's world, the benefits of building character skills and traits such as gratitude, kindness, creativity, curiosity, perseverance, resiliency, empathy, courage, and teamwork could not be more important. The Character at Camp initiative will be conducted during the next six years. ACA will make available in-person and virtual training opportunities, educational tools, and other resources to camps to strengthen, expand, or establish character development programs at the more than 15,000 year-round and summer camps across the US. As a direct result of this new initiative, ACA will invite camp leaders to participate in educational and peer-learning opportunities, networking, training, other experiences to learn how to help develop character skills and traits at camp. ACA will work with camp professionals, youth-development experts, and others to create new educational resources, training, and assessment tools to provide camps with opportunities to engage in this important initiative. Starting in 2025, all eligible nonprofit camps will have the opportunity to apply for competitive one-, two-, or three-year grants to support their character development programs. Eligible organizations will be able to apply for funding in amounts ranging from $50,000 to up to $300,000 based on the length of the grant period. Funds may be used for staffing, training, curricula, assessment, communications, and/or outreach and partnership efforts to support camps' specific goals related to character development. The initiative will support a broad range of camps serving young people from varied backgrounds and experiences, including under-resourced and underrepresented youth, as well as provide funding for developing character-based programming that is culturally relevant and values the diverse perspectives of youth and families. "We are deeply grateful for Lilly Endowment's support of ACA and our shared commitment to support camps across the country with the funding, tools, resources, and education to expand and prioritize character development programs," said Tom Rosenberg, ACA president/CEO. "This Character at Camp initiative recognizes the diverse needs of children and youth. We know camp experiences build a world of belonging and growth, and we're excited to engage camps as they work to strengthen their character development programs." "Lilly Endowment's founders firmly believed that developing the character of young people was vital to the future of communities and our country, and they supported many efforts to understand how character is formed," said N. Clay Robbins, Lilly Endowment's chairman and CEO. "For decades, well run camps have had a positive impact on the character development of thousands of campers. We believe, with the commitment, leadership, and expertise of ACA, its Character at Camp initiative can meaningfully enhance and expand character development from a variety of perspectives and in a diverse array of young people throughout the nation."

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Financial Management, Philanthropy

TIFIN Give expands its reach as a leading technology powered philanthropy platform for wealth enterprises

PR Newswire | February 01, 2024

TIFIN, a leading AI and innovation platform, today announced its philanthropy platform TIFIN Give has acquired Giving Place, the tech solution for family office giving programs and private foundations. The newly combined company now has increased scale and resources to service families through advisors, the workplace, and family offices. The firm now helps oversee $670 million in philanthropy assets and helped facilitate $40 million in charitable donations in 2023. The donor-advised fund (DAF) space has seen rapid growth in recent years. DAF assets nearly doubled between 2018 and 2022 and stand today at ~$230 billion; total DAF assets are estimated to grow to $1 trillion by 2030. Private foundation assets reached $1.25 trillion last year. The ability of TIFIN Give to serve these charitable structures, among others, continues to unlock substantial opportunities and value for wealth enterprises and their clients. TIFIN Give's next-generation DAF platform provides a multi-custodial platform, SOC-2 security compliance, and expanded investment options including custom model portfolios. It is now deployed at leading wealth enterprises and employers through their recent partnership to power an employee DAF solution with Morgan Stanley at Work. Through the Giving Place acquisition, TIFIN Give can now address the philanthropic needs of all asset classes in the wealth enterprise space," said Cor Hoekstra, Head of Wealth Enterprise Partnerships at TIFIN. "We are excited to now reach all types of donors. The new company will be led by Giving Place's co-founder and CEO, Paul Lussow. Co-founder Alex Paul, will remain involved and serve on the TIFIN Give board. "Our focus on supporting and growing the philanthropic capabilities of wealth enterprises will accelerate through this combined company," said Lussow. "The key to solving many pain points for donors and their advisors will be powered by the integration of TIFIN Give's digital-first DAF platform with Giving Place's philanthropy software solution for family offices and private foundations," said Giving Place co-founder and TIFIN Give board member Alex Paul.

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