When it comes to donor-advised funds (DAFs), Daffy stands out as a unique and affordable option. Unlike most DAFs that charge high minimum fees and a percentage based on the fund's balance, Daffy operates on a simple, flat membership fee. This ensures that 100% of your donation recommendation goes directly to the causes you care about most.
Daffy's membership fees are structured to cater to a wide range of donors. For members with less than $100 in their fund, Daffy is completely free. For an individual fund with the ability to contribute up to $25,000 in stock, crypto, or through an existing DAF transfer, the fee is only $3 per month. A family fund with the ability to contribute up to $50,000 in similar assets is $5 per month. For those who wish to contribute unlimited stock, crypto, or existing DAF transfers, the fee is $20 per month.
Daffy's commitment to transparency and affordability extends to its investment portfolios as well. They offer high-quality, low-cost investment portfolios, ensuring that more of your money goes to the charities and causes you care about most.
In addition, Daffy does not charge charities any fees, so they always receive 100% of every donation. This is a testament to Daffy's mission to help people be more generous, more often. Whether you're looking to be more intentional with your giving, consolidate all your donation receipts into one place, or maximize the many tax benefits of giving through a DAF, Daffy is a great option.
To learn more about Daffy's membership fees and how they compare to other DAFs, visit their website or read their blog post on choosing a DAF.