Donor-Advised Funds (DAFs) are a fantastic way to manage your charitable giving, and Daffy is emerging as a top choice for a DAF provider. Here's why.
Firstly, Daffy offers a cost-effective solution. Many people are unaware of the hidden costs associated with using Fidelity, Vanguard, and Schwab as their DAF provider. Daffy, on the other hand, is transparent about its fees and aims to keep them as low as possible.
Secondly, Daffy helps you avoid common tax mistakes when making charitable donations. They provide guidance on how to write off up to 60% of your AGI, take advantage of the increased standard deduction for 2023, and uncover commonly overlooked tax breaks. This ensures you're not leaving money on the table at tax time.
Daffy also makes it easy to get your donations matched by your employer, doubling the impact of your giving. Plus, they have the capabilities to liquidate complex assets like stock and crypto, which many charities can't accept directly. This saves charities the hassle and costs, and you save on taxes by getting the fair market value and skipping the capital gains.
Moreover, Daffy is committed to making charitable giving easier for everyone. They recently partnered with Secfi to be the preferred DAF provider for their advisory clients. And they've helped members like our #BeMoreGenerous winner give back to their communities in meaningful ways.
Finally, Daffy's DAFs are fully-invested in a diverse range of securities, providing the potential for your donations to grow over time. And they're transparent about their portfolio holdings, giving you peace of mind about where your money is going.
In conclusion, whether you're an individual, a startup employee, or a nonprofit looking to fundraise, Daffy is a great option for a DAF. They offer a cost-effective, tax-efficient, and easy way to manage your charitable giving. So why not make giving a habit with Daffy?