Donor Advised Funds More Popular Than Ever
The Chronicle of Philanthropy unveiled its list of America’s top givers to charity. The top living donors, Facebook founder Mark Zuckerberg and his wife gave their money ($996 million) to a donor advised fund at the Silicon Valley Community Foundation. The second largest donors, John and Laura Arnold, also gave their largesse (endowed from hedge funds specializing in natural gas) through a donor advised fund. Donor Advised Funds at the Columbus Jewish Foundation are one of our most popular giving vehicles.