Donors Trust
American nonprofit donor-advised fund / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Donors Trust?
Summarize this article for a 10 year old
Donors Trust is an American nonprofit donor-advised fund. It was founded in 1999 with the goal of "safeguarding the intent of libertarian and conservative donors".[5] As a donor advised fund, Donors Trust is not legally required to disclose the identity of its donors, and most of its donors remain anonymous.[6][7] It distributes funds to various conservative and libertarian organizations, and has been characterized as the "dark money ATM" of the political right.[6][8][9]: 1
Formation | 1999 |
---|---|
Type | Nonprofit (IRC § 501(c)(3))[1] |
52-2166327 | |
Location |
|
Coordinates | 38.8056°N 77.0603°W / 38.8056; -77.0603 |
Services | Donor-advised fund |
CEO | Lawson Bader[2] |
| |
Affiliations | Donors Capital Fund |
Revenue (2018) | $202,776,626 [4] |
Expenses (2018) | $144,780,322[4] |
Endowment | $210,429,495 |
Website | donorstrust |
It is affiliated with Donors Capital Fund, another donor-advised fund. In September 2015, Lawson Bader was announced as the new president of both Donors Trust and Donors Capital Fund. Bader was formerly president of the Competitive Enterprise Institute and Vice President at the Mercatus Center.[2]