(Disclaimer: I’m not an expert, but I have a DAF).
DAFgiving360™ does not sound like an EA nonprofit. It works with Charles Schwab & Co., which is not a very EA organization. And yet they have done $44 billion in recommendations...
DAFgiving360 until 2024 was known as Schwab Charitable. It’s the 501(c)(3) that receives contributions to Schwab donor-advised funds. It’s analogous to Fidelity Charitable and Vanguard Charitable. My understanding is that the “recommendations” referred to above are the recommendations of individual donors to DAFgiving360 about how to donate the funds they’ve contributed, not the other way around.
From what I’ve heard and from my own experience, DAFgiving360 et al. approve pretty much request to grant to a 501(c)(3). (If DAFgiving360 started being more opinionated and rejecting a significant number of donation recommendations, people would shift new funds to another DAF provider.) And I haven’t seen them do anything that would provide levers for influencing donations, such as advising clients on where to donate or publishing lists of recommended charities.
(Disclaimer: I’m not an expert, but I have a DAF).
DAFgiving360 until 2024 was known as Schwab Charitable. It’s the 501(c)(3) that receives contributions to Schwab donor-advised funds. It’s analogous to Fidelity Charitable and Vanguard Charitable. My understanding is that the “recommendations” referred to above are the recommendations of individual donors to DAFgiving360 about how to donate the funds they’ve contributed, not the other way around.
From what I’ve heard and from my own experience, DAFgiving360 et al. approve pretty much request to grant to a 501(c)(3). (If DAFgiving360 started being more opinionated and rejecting a significant number of donation recommendations, people would shift new funds to another DAF provider.) And I haven’t seen them do anything that would provide levers for influencing donations, such as advising clients on where to donate or publishing lists of recommended charities.
DAFgiving360 has a giving guide. It’s very much “not EA,” but I doubt it’s especially influential. (I wasn’t aware of its existence till today).
Ah okay, thanks for explaining this. That does meaningfully affect my understanding of this particular role.