Why Donor Advised Funds as a Revenue Stream?
Donor advised funds are one of the fastest growing trends in the financial services industry.
By Jay Hein
There are now over a quarter million funds which have grown in the double digits each of the past seven years. Assets are over $80 billion and funds to nonprofits each year are approximately $15 billion.
Yet, with the rising number of accounts, there is a growing controversy over the amount of funds standing idle amid dire social needs at home and abroad. Sagamore’s impact investing deals allow latent capital to become active capital with measureable social results and a predictable return to the DAF.