Vanguard Charitable, while a reputable option, can be 13X more expensive than Daffy, according to Axios. Vanguard charges an investment fee that varies from 0.03% to 3.03% depending on the portfolio you choose. Additionally, they charge an annual administrative fee starting at 0.60%, which only decreases once your account surpasses $500,000.
On the other hand, Daffy offers a simple, low-cost membership structure. With a monthly membership due starting at just $3, Daffy provides access to nine modern portfolios across three different categories: Standard, ESG, and Crypto. The average expense ratio for our Standard portfolio is exceptionally low at just 0.04%, meaning more of your contribution can go to charity.
Daffy's mobile-first web experience and app were designed for those who want to make charitable giving a regular habit. It's easy to make contributions and donations with just a few taps on your phone.
Transferring money from an existing donor-advised fund to Daffy is simple. Just open an account at Daffy, select “DAF Transfer”, and then make a “grant recommendation” to Daffy Charitable Fund from your existing fund.
At Daffy, we believe in the power of giving and the importance of making it a habit. We challenge you to find out how much your current donor-advised fund charges you and consider moving a portion over to Daffy. You'll save money and we're convinced you'll see there's no reason to pay so much in fees.
Join the Daffy community today and make giving a habit.