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How does Daffy differ from traditional donor-advised fund providers?


Daffy stands out from traditional donor-advised fund (DAF) providers in several key ways, making it a compelling choice for those looking to maximize their charitable giving. Firstly, Daffy is a not-for-profit community built around a modern platform for charitable giving. Unlike traditional DAF providers, Daffy's mission is to help people be more generous, more often, rather than focusing on generating profits. Secondly, Daffy's fee structure is different from traditional DAF providers. Traditional providers often charge based on a percentage of assets on accounts, creating a conflict of interest. Every time you donate money to charity, they lose revenue. Daffy, on the other hand, is designed to encourage regular giving without such conflicts. Thirdly, Daffy is designed to be accessible to everyone, not just the ultra-wealthy. Traditional DAFs have been almost exclusively marketed to the ultra-wealthy, often featuring high minimums, high fees, and dated technology. Daffy, however, is designed from the ground up to be a community for all, making charitable giving more accessible and efficient. Lastly, Daffy offers a modern, user-friendly platform that allows you to manage your account and make a difference in the charities you want to support. This is in contrast to traditional DAF providers, where your ability to manage your account and the fees you pay can significantly impact the growth of your investment and your ability to support your chosen charities. In conclusion, Daffy offers a modern, accessible, and community-focused alternative to traditional DAF providers, making it a great option for those looking to maximize their charitable giving.

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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