Description

Welcome back to Elevate Your Event!
In this insightful episode, Jeff is joined once again by Mitch Stein from Chariot to break down the often misunderstood world of donor-advised funds (DAFs). From debunking myths to sharing real-life success stories, they dive into how DAFs can revolutionize giving at your fundraising events—and how the Handbid and Chariot integration makes it easier than ever.

In This Episode:

• What a donor-advised fund (DAF) is and why it’s not just for the ultra-wealthy
• How DAF donations compare to credit card donations—spoiler: they’re often 8–10x larger!
• Why Chariot’s integration with Handbid is a game-changer for simplifying DAF giving
• Common DAF donation restrictions (and how to stay compliant at events)
• Tips for identifying and encouraging DAF donors to support your cause
• A look ahead to DAF Day on October 9 and what it means for nonprofits

Why It Matters:
DAFs aren’t just a tax tool for major donors—they’re a growing giving vehicle for everyday philanthropists. By making it easier for donors to give through their DAFs, nonprofits can unlock more generous gifts, reduce donor friction, and stay compliant without the paperwork headache.

Key Takeaways:

• DAF users often give to more charities—on average, 12 per year vs. 2 for typical donors
• Donors give more when using “set-aside” funds from their DAFs, much like spending a gift card
• A smooth, integrated DAF experience can eliminate donor confusion and maximize gifts
• Making your EIN easily accessible and talking about DAFs at events can drive engagement

Final Thought:
Donor-advised funds don’t have to be intimidating or complex. With the right tools and a little education, you can make DAF giving easy, accessible, and highly impactful for your organization. Tune in to find out how—and why now is the perfect time to get on board.