THE INDEPENDENT CHARITABLE GIFT FUND

EIN 812576201 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2024.

← All sponsors
DAF assets
$574.54M
at fiscal year end
Grants out
$67.10M
from DAF accounts
Contributions in
$181.26M
received into DAFs
Payout rate
11.7%
median is 12.5%
Accounts
1,469
funds held at year end
Average account
$391K
assets per fund

At 11.7%, this sponsor paid out below the 12.5% median for sponsors holding more than $10 million.

DAF assets by year

$33.0M
FY2019
$68.1M
FY2020
$202.7M
FY2021
$282.3M
FY2022
$417.1M
FY2023
$574.5M
FY2024

Grants paid by year

$2.3M
FY2019
$5.6M
FY2020
$20.1M
FY2021
$31.6M
FY2022
$51.1M
FY2023
$67.1M
FY2024

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 3,399 grant lines totalling $164.0M across 2019–2024 — $48K per line.

$8.6M of this sponsor’s grants went to other DAF sponsors — 5% of its itemized grantmaking. Money moved between sponsors is reported as a grant, but it has not yet reached a working charity. This total counts only organizations whose donor-advised fund program is their primary activity, so grants to universities and hospitals that happen to run a DAF on the side are excluded.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Corporation Of The Presiding Bishop Of Church Of JEIN 870234341 UT$5.8M
Gary Sinise FoundationEIN 800587086 CA$3.6M
Fidelity Charitable Gift Fund runs a DAF programEIN 110303001 OH$3.0M
University of Oregon Foundation runs a DAF programEIN 936015767 OR$2.0M
North Raleigh United Methodist ChurchEIN 560990941 NC$2.0M
St Joseph Catholic ChurchEIN 930399053 OR$2.0M
St Rose Of Lima Catholic ChurchEIN 930391633 OR$2.0M
Literacy IncEIN 133911331 NY$2.0M
Dominican Friars FoundationEIN 263273636 NY$1.8M
Schwab Charitable Fund runs a DAF programEIN 311640316 FL$1.6M
Western Dominican Province Province Of The Most Holy Name Of JesusEIN 946081023 CA$1.6M
St Vincent De Paul Portland CouncilEIN 930456525 OR$1.6M
Church Of St MichaelEIN 410777907 MN$1.5M
Center For Strategic And International StudiesEIN 521501082 DC$1.5M
Marquette UniversityEIN 390806251 WI$1.3M

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2024, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.