The nature of charitable giving has changed, and there are four primary reasons for this:
- Technology has made it not only easier to give to charities, but to know about charities and how efficiently they perform.
- Changes in the U.S. tax code have created a disincentive for giving, especially for those who gave strictly for purposes of a tax deduction.
- The rise of Donor Advised Funds (DAF) has made it easier for donors to contribute meaningfully to a cause.
- Concerns for transparency and organizational efficiency have driven the need for increased disclosure and external oversight.