On the other side of the Atlantic, DAFs have been in existence since the 1930s and have combined assets of more than $80bn in assets under management. They have attracted high profile donors including Mark Zuckerberg and Priscilla Chan who gave away $1bn worth of Facebook shares to the Silicon Valley Community Foundation.
However, far from a tool only for the super-rich, DAFs are part of the product toolkit that financial planners use for mass affluent clients that wish to give regularly.
