#354- Demystifying DAFs with Mitch Stein

I’m joined by my friend and returning guest, Mitch Stein, now Head of Strategy at Chariot, and we’re breaking down the truth about Donor-Advised Funds (DAFs) — what they are, how they work, and what nonprofits are getting wrong about them.Here's what we cover:What a DAF actually is (and no, it's not just for the ultra-wealthy)Why $250 billion is just sitting in DAFs right now — and how to access itHow to stop losing donors due to missed acknowledgments and poor data practicesWhy building trust (not chasing fund managers) is key to unlocking DAF dollarsOne truly cringeworthy story from my ED days that still haunts me (you’ll want to avoid this mistake)If you’re in development, major gifts, or even running a small shop, this episode is packed with practical advice to help you tap into this growing funding source.Important Links:Connect with Mitch: https://www.linkedin.com/in/mitch-stein/ DAF Fundraising Report:  https://www.givechariot.com/daf-fundraising-report How to Train ChatGPT:  https://go.rheawong.com/annual-fundraising-plan-tracker1-3127-4300 Upcoming Events: https://www.rheawong.com/events/ My Big Ask Gifts Program: https://go.rheawong.com/big-ask-gifts-program My Book, Get That Money Honey: https://go.rheawong.com/get-that-money-honey My Newsletter: https://www.rheawong.com/