Donor-Advised Funds Keep Up Rapid Growth

The funds are now worth more than a third more than they were before the recession started

Donor-Advised Funds Keep Up Rapid Growth 1

Three generations of the Stein family are among those who give through the Jewish Communal Fund.

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Three generations of the Stein family are among those who give through the Jewish Communal Fund.

Donor-advised funds continue to surge past nonprofits and foundations in accumulating charitable assets: They are now worth almost one third more than they were before the recession started in 2007, says a new Chronicle survey of 134 funds.

The strong growth, which comes in large part because donations to the funds grew 46 percent last year, is in stark contrast to nonprofits, which attracted just 7 percent more in contributions, according to