DonorsTrust was specifically created 25 years ago to work with self-identified conservative [donors]," says the nonprofit charitable organization's president and CEO Lawson Bader. "He then amends that a tad, calling the donors 'conservatarian' to include libertarian-minded givers. DAFs are especially beneficial for wealthy individuals. They allow donors significant flexibility and control over their charitable giving, specifically tailor-making contributions that align with their ideological interests, while also benefiting from generous tax incentives.
DAFs are taking off due to their low overhead costs, generous tax deductions for donors, lenient regulation, and ability to give anonymously. For the uninitiated, DAFs can take a moment to wrap one's head around. Patrons deposit money in funds, which are administered by a nonprofit sponsor organization. This is a lot cheaper than setting up a full-fledged foundation, but there's a trade-off. Donors can 'advise' a sponsor like DonorsTrust on where they would like the money to go.
The Wall Street Journal probed one example of this growing trend in a lengthy piece that outlined a world of donors and philanthropic organizations supporting conservative causes. They include 'election integrity' campaigns, which critics see as shorthand for election denialism. This reflects a larger concern where financial support for movements isn't merely about issues, but about fortifying ideologies in the political landscape.
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