There are benefits and risks to the increasingly popular fundraising tool
Donor-advised funds (DAFs) have emerged as a powerful fundraising tool for nonprofit organizations, reshaping how individuals and groups engage in charitable giving.
DAFs offer a streamlined, tax-efficient way for donors to support nonprofits. However, their rise presents both opportunities and risks for the nonprofit sector, one expert told Insurance Business.
Nicole Murphy (pictured), nonprofit directors & officers liability product manager at Travelers, pointed out that DAFs generally come in three forms: co