National Philanthropic Trust Donor-Recommended Grants to Charities Grow 19% in 2024 to Exceed $5.87 Billion

Year-over-year, NPT donor-advised fund grant value and volume to charitable organizations increased 19% and 22% respectively

JENKINTOWN, Pa.--(BUSINESS WIRE)--National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds (DAF), granted $5.87 billion to qualified charitable organizations in the U.S. and 61 other countries on behalf of its donors in 2024. NPT DAF philanthropy grew in all key benchmarks year-over-year.

“2024 showcased the unwavering generosity, reliability and philanthropic engagement of NPT DAF donors,” said Holly Welch Stubbing, CEO of National Philanthropic Trust. “Both the value of NPT donor-recommended grants and the number of charitable organizations receiving NPT grants grew to new heights, surpassing the historic donor grantmaking benchmarks previously set in 2021. Since 2019, NPT donor-recommended grantmaking value has also grown 251%.”

Continued Welch Stubbing, “Our donors are some of the most philanthropic in the world and helping them support the causes they care deeply about is extremely fulfilling to everyone at NPT. We anticipate this generosity of grantmaking to charitable organizations to continue in 2025.”

NPT Calendar Year 2024

- $5.87 billion in donor-recommended grants, representing a 19% increase from 2023, and a 251% increase over the five-year benchmark (2019)
- 146,449 grants were awarded to charitable organizations in every state, the District of Columbia and 61 other countries, representing a 22% increase from 2023 and a 133% increase from 2019
- 45,206 charitable organizations received donor-recommended grants, a 16% increase from 2023 and a 92% increase from 2019

Over the past five years (2019 to 2024), the total value of NPT grants to charitable organizations increased 251% from $1.67 billion to $5.87 billion, the number of grants increased 133% from 62,858 to 146,449, and the number of charities that received grants increased 92% from 23,595 to 45,206.

Year-over-year donor grantmaking in 2024 saw growth in both value and volume across all eight charitable fields of interest: Arts and Culture, Education, Environment and Animals, Health, Human Services, International, Religion, Public and Societal Benefit.

“We could not do the work that we do without our DAF donors,” said Bailey DeRoest, co-director of the Sojourner Center in Arizona. “By having the flexibility and reliability of DAF donor grants, we can do things like provide immediate shelter and support to adults and children affected by violence. I have seen this immediate support make all the difference to people who need help and to know they are not alone.”

NPT affiliates NPT UK and NPT Transatlantic saw year-over-year increases in volume of grantmaking in 2024.

About National Philanthropic Trust
Founded in 1996, National Philanthropic Trust (NPT) is the largest national, independent public charity that manages donor-advised funds and one of the leading grantmaking institutions in the U.S. Since its founding, NPT has raised more than $73.4 billion in charitable funding and has made more than 870,000 grants exceeding $34.6 billion to nonprofits around the world. NPT annually publishes the Donor-Advised Fund Report, the sector’s authority on the state of DAF philanthropy. Visit NPT’s resource library to learn what you can do with a DAF and about NPT’s impact investing options. More at NPTrust.org and NPTGivingPoint.org.