Transferring your Donor-Advised Fund (DAF) to Daffy is not only a simple process but also a financially smart move. Traditional DAF providers often charge high administrative fees, which can eat into the funds you have set aside for charity. For instance, Fidelity charges a minimum of $100 a year or 0.6% of assets, whichever is higher. These fees increase as your account balance grows, meaning more of your money goes to the provider rather than the charities you care about. Daffy, on the other hand, offers a more cost-effective solution. With fees starting at just $36 a year and lower-cost investment options, Daffy is designed to help you give more by saving on fees. The process of transferring your DAF account to Daffy is straightforward and free of charge. Simply visit daffy.org, log into your account, and follow the step-by-step process available on their website. If you're wondering how to go about it, here's a quick guide: 1. Log into Daffy, tap Add Funds, and select “DAF transfer”. 2. Indicate how much you are transferring and from which provider. 3. Log into your existing provider. 4. Make a grant of any amount to the Daffy Charitable Fund (EIN: 86-3177440). Ensure your grant is not anonymous and if required, indicate the grant is for “where needed most”. 5. If needed, Daffy's address is: 221 Main Street, #2061, Los Altos, CA 94023. You’ll receive a notification when the funds are in your account. It's that simple! At Daffy, we believe in the power of giving. We think donor-advised funds are an excellent way to put money aside for those less fortunate, and we're committed to making this process as easy and cost-effective as possible. So, whether you're new to DAFs or looking to transfer your existing fund, Daffy is a great option.