Daffy's Donor-Advised Fund (DAF) stands out from traditional providers in several key ways, making it a fantastic choice for those looking to make a difference through charitable giving.
Unlike traditional DAF providers, Daffy operates as a not-for-profit community, built around a modern platform for giving. This unique approach allows Daffy to focus on its mission of helping people be more generous, more often, without the conflict of interest that comes with charging based on a percentage of assets in the fund. Instead, Daffy offers a simple, flat membership due of just $3 a month.
Daffy's platform is designed with the user in mind, offering a mobile-first approach that allows you to contribute, track your portfolio, and make donation recommendations directly from their iOS app. You can set a giving goal and track your progress throughout the year, and even link your bank account or debit/credit card to automatically set money aside for charity on a weekly, monthly, or annual basis.
In terms of contributions, Daffy offers a wide range of options. You can contribute to your Daffy fund with your bank account, Apple Pay™, all major debit or credit cards, most publicly-traded stock, over 120+ cryptocurrencies, or even transfer an existing donor-advised fund to Daffy.
Daffy also offers a modern investment approach with 13 unique investment portfolios to match your priorities. Any investment gains are tax-free and increase your giving potential to support the causes you care about.
Finally, Daffy encourages a community approach to giving. You can add family members to your DAF to experience giving together, or even add your financial advisor to incorporate charitable giving into your larger financial plans.
In conclusion, Daffy's DAF offers a modern, user-friendly, and community-focused approach to charitable giving, making it a great option for those looking to make a difference.