February 24, 2025
From the Desk of
Arthur L. Criscillis ¦ Managing Partner
Independent Schools & Philanthropic Funds Data
We’ve got new data in from some Independent School Associations. Mid-South Independent School Business Officers is up next. Let’s look at what participating schools raised in philanthropic funds in this regional association for data entry year 2024-2025.
School Count 243
Advancement Median Funds Received for ’24 | $2,173,439 |
Median Number of Donors | 684 |
Median Percent Participation by Constituency & Hard Credit Funds Received | |
Median % Participation by Parents/Guardians of Current Students | 60.8% $531,592 |
Median % Participation by Alumni/ae | 6.0% $81,127 |
Median % Participation by Grandparents of Current Students | 13.8% $81,003 |
Median % Participation by Parents & Grandparents of Alumni/ae | 7.4% $232,737 |
Median % Participation by Employees | 78.8% $31,219 |
Trustees | |
Median Number of Trustees | 18 |
Median Hard Credit Funds Received by Trustees | $108,106 |
Median Soft Credit Funds Received by Trustees | $74,950 |
Funds Received by Purpose (’24) | |
Median Funds Received for Current Operations: Unrestricted | $776,515 |
Median Funds Received for Current Operations: Restricted | $281,752 |
Median Funds Received for Endowment | $245,500 |
Median Funds Received for Other Capital Purposes | $792,318 |
Median Funds Received for Irrevocable Deferred Gifts at Face Value | $43,850 |
What’s Next for DAFs
Donor-advised fund providers aim to make their products as commonplace as college savings and retirement accounts. And while DAFs have reshaped the culture of philanthropy, critics worry it could change giving habits.
Today, DAFs are relatively rare — there are fewer than 2 million accounts — yet mighty, thanks to their collective $250 billion in assets, according to the National Philanthropic Trust. To expand its market reach, the DAF industry is taking steps to make funds more accessible. These include:
Half of the 10 largest DAF sponsors have no minimum. Typically, donors are required to put in anywhere from $5,000 to $250,000 to open a fund.
At least three community foundations in large metro areas do not require a minimum contribution. The Community Foundation for Greater Atlanta dropped its $100,000 minimum in 2020 “with the intention of living into the word ‘community’ that’s in our name,” says Tim Bresnahan, vice president for philanthropy.
Workplace giving programs are incorporating DAFs.
Silicon Valley start-ups like Daffy and CharityVest are offering low-cost DAFs and encouraging individuals to set aside money each month for charity.
At least a few charities have noticed a change in who’s making DAF gifts. Prospect researchers and major-gift officers once viewed DAF ownership as a reliable indicator of wealth, one fundraiser told the DAF Research Collaborative recently as part of a study of DAFs and fundraising. No more. “What you’re really seeing … is that it’s a tool that is being used by the middle class to engage in philanthropy.” COP, 1-14
Welcome New Client Partner
We Know Independent Schools
For more than 35 years, Alexander Haas has been a fixture in the nonprofit community. We are honored to have worked with so many remarkable independent schools, both secular and non-secular, across the country that help mold today’s adolescents into tomorrow’s leaders. Take a look at our list of independent school clients, past and present.
A Fresh Approach to Fundraising
Our services aren’t cookie cutter. We don’t operate with a boilerplate, merely changing names and locations. We craft each and every service we provide to match your organization’s unique needs, wants and abilities. We work hard and expect you to do the same. Together we can help you transform your institution, your fundraising, and the community you serve.
Whether your need is in Capital Campaign, Annual Fund Campaign, Major Gifts, Leadership Annual Giving, Planned Giving or all of the above, we take a fresh approach to nonprofit fundraising.
Subscribe to Our Newsletters
Our Headquarters
Mailing Address
5400 Glenridge Drive, #420945
Atlanta, GA 30343
404-525-7575
info@fundraisingcounsel.com