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The 2025 DAF Report is Here

December 15, 2025 - The Annual DAF Report 2025 has just been released by the Donor Advised Fund Research Collaborative (DAFRC). The report draws data from the 2024 fiscal year and 1,485 donor-advised fund (DAF) sponsors across the United States.

Above all, the report demonstrates the continued rise in popularity of the donor-advised fund. Year over year, charitably minded individuals are attracted to the giving tool due to its flexibility and tax-efficiencies. 2024 saw a significant increase in the total number of DAF accounts as well as the value of contributions and grants. Let’s take a closer look at the new information provided by DAFRC.

  1. The total number of individual DAFs reached 3,562,623, a significant increase over the revised 2023 number. The compound annual growth rate of total DAFs from 2020 to 2024 was 22.7 percent.
  2. Contributions to DAFs were $89.64 billion, a 37.3% increase over 2023. This marks the largest annual total to date, following a dip in giving in 2023. The compound annual growth rate for contributions from 2020 to 2024 was 16.3 percent.
  3. Grants from DAFs to qualified charities were $64.89 billion in 2024, another record-setting number. This represents a 19 percent increase compared to the previous year. The compound annual growth rate for grants from 2020 to 2024 was 16.5 percent.
  4. Charitable assets within DAFs increased 27.5%, reaching $326.45 billion in 2024. The stock market growth in 2024 contributed to this increase. The compound annual growth rate for charitable assets from 2020 to 2024 was 18.5 percent, and the total DAF assets have nearly doubled since 2020.
  5. The DAF payout rate for 2024 was 25.3%.The DAFRC report calculates payout rate as this year’s grants divided by last year’s year-end assets. This primary calculation method represents a 1.3 percent increase from the 2023 rate, though other calculation methods have shown a slight decrease.

We've displayed all the above statistics graphically in this handy PDF. 

If you are an individual who is interested in learning more about the ways a DAF could benefit you and your charities of choice, call our Director of Philanthropic Engagement & Strategy at 214.978.3303.