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What are the fees charged by Vanguard Charitable?

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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.

Please note that the information contained on this page is for educational purposes only and should not be considered tax advice. Any calculations are intended to be illustrative and do not reflect all of the potential complexities of individual tax returns. To assess your specific tax situation, please consult with a tax professional.

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