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The Chronicle of Philanthropy's "Philanthropy 400" survey shows growing trends for donor-advised funds, as well as declining trends for large charities; this is the 25th year of the survey.

"Groups that solicit and manage donor-advised funds continue to crowd into the upper ranks of America’s biggest charities, according to new Chronicle of Philanthropy data.

"The United Way hangs on to the No. 1 spot in the Chronicle’s latest Philanthropy 400, the annual list of the U.S. nonprofits that raise the most in private support. But its hold is tenuous: Only $23.5 million separates it from the next group in line, Fidelity Charitable."--Heather Joslyn, The Chronicle of Philanthropy

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