National Philanthropic Trust Donor-Recommended Grants to Charities Surpass $4.94 Billion in 2023
National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds (DAF), granted $4.94 billion to qualified charitable organizations in the U.S. and 51 other countries on behalf of its donors in 2023.
- National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds (DAF), granted $4.94 billion to qualified charitable organizations in the U.S. and 51 other countries on behalf of its donors in 2023.
- NPT donors recommended a historic 119,801 grants to over 39,035 charitable organizations last year.
- Through Calendar Year 2019 (the last complete calendar year prior to the COVID-19 pandemic) to 2023, the total value of NPT grants to charitable organizations grew 196% from $1.67 billion to $4.94 billion, the number of grants grew 91% from 62,858 to 119,801, and the number of charities that received grants grew 65% from 23,595 to 39,035.
- “The 2023 NPT grantmaking data affirms that DAF donors have sustained generosity,” said Eileen Heisman, CEO of National Philanthropic Trust.