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Schwab Charitable: 25 percent increase in donor-advised grants last year

from From The NonProfit Times

Donor-advised funds continued to increase last year, increasing 25 percent from 2013 according to a new report from Schwab Charitable. According to the San Francisco-based financial firm, $928 million in grants went to charities on behalf of donors in 2013, with more than 48,000 nonprofits receiving these gifts. Among the most widely supported charities in 2014 the Schwab DAFs were Doctors Without Borders, Wounded Warrior Project, The Salvation Army, and local public radio and television stations. more

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