JENKINTOWN, PA — National Philanthropic Trust (NPT) announced a record-breaking $5.87 billion in donor-recommended grants to charitable organizations in 2024, marking a 19% increase from the prior year. NPT’s donors supported a diverse range of causes across the United States and 61 other countries, with grantmaking hitting new heights in both value and volume.
“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%.”
Key 2024 highlights include:
- $5.87 billion in grants, reflecting a 19% increase from 2023 and a remarkable 251% growth over five years.
- 146,449 individual grants awarded, a 22% year-over-year increase and a 133% rise since 2019.
- 45,206 charitable organizations benefited from donor-recommended grants, up 16% from 2023 and 92% from 2019.
The growth was evident across all eight fields of interest, including Arts and Culture, Health, Education, and Environment, reaffirming the diversity of donor priorities. Grants ranged from immediate humanitarian support to long-term investments in societal benefit initiatives.
“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.”
Since 2019, the number of organizations receiving donor-recommended grants has nearly doubled, positioning NPT as a vital philanthropic force. Its affiliates, NPT UK and NPT Transatlantic, also reported growth, reflecting the global reach of its donor engagement efforts.
“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,” Welch Stubbing added. “We anticipate this generosity of grantmaking to charitable organizations to continue in 2025.”
With an unwavering commitment to amplifying donor impact and supporting vital causes globally, NPT continues to lead as one of the largest and most influential independent donor-advised fund sponsors in the world.
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