Skip to Content Facebook Feature Image

Charityvest Reports Record 2025 Charitable Giving, More Than Doubling Contributions and Grants

News

Charityvest Reports Record 2025 Charitable Giving, More Than Doubling Contributions and Grants
News

News

Charityvest Reports Record 2025 Charitable Giving, More Than Doubling Contributions and Grants

2026-02-11 21:03 Last Updated At:21:21

FAIRFIELD, Conn.--(BUSINESS WIRE)--Feb 11, 2026--

Charityvest, an innovative donor-advised fund (DAF) sponsor on a mission to catalyze more generosity via modern technology, today released its 2025 Annual Report, highlighting significant year-over-year growth in contributions and grants, along with meaningful enhancements to its DAF platform.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260211659912/en/

Charityvest serves individual and corporate donors and partners with financial advisors, nonprofits, institutions, and workplaces to launch DAF programs for their stakeholders. Backed by the infrastructure and expertise of Foundation Source, Charityvest’s tech-enabled platform is designed to make giving more accessible and impactful for donors at every level.

In 2025, Charityvest more than doubled its charitable contributions, with over 13,000 transactions totaling $265 million, up from $99.2 million in 2024. Grantmaking also rose sharply, with 48,744 grants issued totaling $119.2 million, up from $52.2 million in 2024. Donors supported 9,412 unique charities, while assets under management increased 84% to $224.6 million. Charityvest also reported a payout rate of 118%, compared to the industry average of 25.3%, reflecting rapid deployment of its charitable capital.

Lifetime contributions surpassed $460 million in 2025, with more than half of that total contributed in the past year, positioning Charityvest among the fastest-growing DAF providers in the market . Growth was driven by both an expanding donor base and an increase in average contribution size, particularly through partnerships with wealth managers and their clients. The average contribution per active donor increased 128% in 2025 to exceed $100,000.

“These results reflect our mission of enabling people to live a generous life through purposeful giving, powered by innovative technology that makes giving enjoyable and approachable,” said Stephen Kump, Founder and President of Charityvest. “We saw more people commit capital to charity and move it into impact faster, reinforcing our belief that when giving is intentional and well-supported, generosity follows.”

Donor activity in 2025 reflected a broad range of philanthropic priorities. The highest volume of grants went to faith-based and human services organizations, followed by public and societal benefit. Donors also directed significant support to education, the environment and animals, and health-related causes.

Charityvest’s 2025 growth also reflects a broader shift in how families and their advisors are approaching philanthropy. As charitable planning becomes an increasingly important part of thoughtful, tax-smart, and legacy-driven wealth strategies, more wealth managers are integrating DAFs into holistic financial planning conversations. Rather than treating giving as a standalone decision, donors are seeking a more coordinated approach that aligns charitable goals with long-term planning, family values, and generational wealth transfer, reinforcing the role of modern DAF platforms as essential tools for strategic philanthropy.

Expanded Capabilities Broaden Access to Strategic Giving

In addition to activity growth, Charityvest expanded its capabilities in 2025. Charityvest entered into the university funding space with the launch of Temple University’s fully branded DAF program, which provides alumni and supporters with a flexible, tax-efficient way to give back to the university and other qualified charities.

Charityvest also introduced multi-custodial capabilities in 2025, enabling advisors to view and manage client DAF balances held at external custodians within their branded programs. The platform supports cash, securities, and complex assets while providing clearer visibility into charitable balances, helping advisors better integrate philanthropy into client conversations.

“Expanding our capabilities in 2025 wasn’t just about new features – it was about supporting how generosity fits into people’s real lives,” said Kump. “Everything we developed this year was designed to meet people where they are and help them give in ways that feel practical, intentional, and lasting.”

About Charityvest ( charityvest.org )
Charityvest is a 501(c)(3) public charity and a donor-advised fund (DAF) sponsor on a mission to catalyze more generosity via modern technology. In October 2024, Foundation Source, the leading provider of philanthropic software and services, acquired Vennfi, the fintech company powering Charityvest. Today, Charityvest combines its mission-driven approach with Foundation Source’s technology and experience to deliver secure, streamlined and accessible giving solutions for individuals, families and organizations. Learn more and open your personal giving account at charityvest.org.

Stephen Kump, Founder and President of Charityvest

Stephen Kump, Founder and President of Charityvest

EL PASO, Texas (AP) — The Federal Aviation Administration is closing the airspace around El Paso International Airport in Texas for 10 days, grounding all flights to and from the airport.

A notice posted on the FAA's website said the temporary flight restrictions were for “special security reasons,” but did not provide additional details. The closure does not include Mexican airspace.

The airport said in an Instagram post that all flights to and from the airport would be grounded from late Tuesday through late on Feb. 20, including commercial, cargo and general aviation flights. It suggested travelers contact their airlines to get up-to-date flight information.

The shutdown is likely to create significant disruptions given the duration and the size of the metropolitan area. El Paso, a border city with a population of nearly 700,000 and larger when you include the surrounding metro area, is hub of cross-border commerce alongside neighboring Ciudad Juarez in Mexico.

Rep. Veronica Escobar, a Democrat whose district includes El Paso, urged the FAA to lift the restrictions in a statement Wednesday morning. There was no advance notice given to her office, the city of El Paso or airport operations, she said.

“The highly consequential decision by FAA to shut down the El Paso Airport for 10 days is unprecedented and has resulted in significant concern within the community,” Escobar said. “From what my office and I have been able to gather overnight and early this morning there is no immediate threat to the community or surrounding areas.”

The airport describes itself as the gateway to west Texas, southern New Mexico and northern Mexico. Southwest, United, American and Delta all operate flights there, among others.

A similar temporary flight restriction for special security reasons over the same time period was imposed around Santa Teresa, New Mexico, which is about 15 miles (24 kilometers) northwest of the El Paso airport.

Southwest Airlines said in a statement that it has paused all operations to and from El Paso at the direction of the FAA.

“We have notified affected customers and will share additional information as it becomes available,” Southwest Airlines said. “Nothing is more important to Southwest than the safety of its customers and employees.”

FILE - A Federal Aviation Administration sign hangs in the tower at John F. Kennedy International Airport in New York, March 16, 2017. (AP Photo/Seth Wenig, File)

FILE - A Federal Aviation Administration sign hangs in the tower at John F. Kennedy International Airport in New York, March 16, 2017. (AP Photo/Seth Wenig, File)

Recommended Articles