💰 What’s a DAF and why should nonprofits - of every size- care about this trend in giving?
My guest this week is Mitch Stein, Head of Strategy at Chariot, a fintech company revolutionizing how nonprofits receive Donor-Advised Fund (DAF) donations. Mitch shows us the growing significance of DAFs - which now hold over $230 billion in charitable assets - and why most nonprofits are still leaving money on the table.Â
From integrating DAFs into digital fundraising to engaging donors more strategically, Mitch shares actionable insights from the field, including recent findings from Chariot’s DAF Fundraising Report. Whether you're new to DAFs or ready to optimize your approach, this conversation offers clear takeaways for every fundraiser and mission-driven leader.
đź’ˇ Together, we explore:
- What Donor-Advised Funds (DAFs) are, and why they’re so important now
- Ways nonprofits can integrate DAFs into digital campaigns and donor journeys
- Surprising insights from Chariot’s DAF Fundraising Report
- Why fundraisers may be overlooking DAF donors in their marketing
- Common misconceptions about DAFs
- What’s ahead for DAFs, and how nonprofits can prepare now
đź’Ľ About Mitch Stein
Mitch Stein is the Head of Strategy for Chariot - a financial technology company focused on DAF payments. Mitch leads the company's stakeholder engagement and industry-wide initiatives like the DAF Fundraising Report and DAF Day.
Prior to Chariot, Mitch founded a marketplace for nonprofits called Pond, which connected organizations with the best software and services for their mission. Mitch previously spent 7 years as an Investment Banker at Goldman Sachs, where his work included running client strategy for the CEO and serving as a Vice President in the Technology, Media & Telecom deal team.Â
Mitch is an avid fundraiser for nonprofits himself, having participated in Cycle for the Cause since 2016 and serving as a board member for The LGBT Center of NYC since 2019.
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