The Right Investment OptionsDaffy is a Donor Advised Fund (DAF) that offers a unique approach to charitable giving. Unlike many DAFs, Daffy doesn't charge an additional management fee for its investment portfolios. This means more of your money can go towards the causes you care about.
If you're looking to change your investment portfolio on Daffy, it's a straightforward process. If you're using the Daffy app, simply tap on Settings (the gear icon) and then select Portfolio. From there, you can choose a new portfolio. If you're using the Daffy website, go to [daffy.org/settings/portfolio](https://www.daffy.org/settings/portfolio) and click on the "Change Portfolio" button on the right of the screen. Please allow a few business days for the process to complete.
Daffy offers 13 investment portfolios, ranging from Conservative to Crypto. These portfolios are made up of high-quality, low-cost index funds managed by some of the most trustworthy providers in the industry: Vanguard, Schwab, and BlackRock. Additionally, Daffy offers Crypto portfolios that hold pure crypto coins at Coinbase or a diversified crypto index from Bitwise. This variety of options allows you to select the portfolio that best matches your own risk tolerance and giving goal and timeline.
As a Daffy member, your money doesn't sit idle. It may be invested tax-free in one of these portfolios, giving your contributions the opportunity to grow over time. This means you can potentially give more to the charities and causes you believe in.
Daffy is committed to making giving a habit. As co-founder & CEO Adam Nash said on CNBC's Squawk Box, "Like what Acorns has done for saving, why not take it to the next level with charity?" With Daffy, you can do just that.
If you have any questions or need further assistance, don't hesitate to reach out to us at support@daffy.org or chat with us on our website. We're here to help you make the most of your charitable giving.