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How does Daffy's approach to donor-advised funds differ from others?


Daffy's approach to donor-advised funds (DAFs) is unique and innovative, setting it apart from traditional DAF providers like Fidelity Charitable, Schwab Charitable, and Vanguard Charitable. At Daffy, the mission is to encourage people to be more generous, more often. This is achieved by building a not-for-profit community around a modern platform for charitable giving, featuring a best-in-class DAF. Unlike traditional DAF providers who charge based on a percentage of assets on accounts, Daffy's fee structure is designed to avoid conflicts of interest. This means that every time you donate money to charity, Daffy doesn't lose revenue. This approach ensures that your charitable contributions are maximized. Daffy is more than just a DAF provider; it's a community bound together by a common commitment to regularly put money aside for those less fortunate. The DAF at Daffy is designed from the ground up for this purpose, making it a modern and innovative option for charitable giving. Moreover, Daffy's DAF is not exclusively marketed to the ultra-wealthy, unlike many other DAFs. This makes Daffy a more accessible option for those looking to contribute to charity in a meaningful and impactful way. In terms of investment options and giving features, Daffy also stands out. All donations are delivered to charities in cash, allowing you to choose from any of the over 1.5 million charities. This flexibility ensures that you can support the causes that matter most to you. In conclusion, Daffy's approach to DAFs is unique, innovative, and designed with the donor in mind. Whether you're considering opening a DAF for the first time or looking to switch providers, Daffy is a great option to consider.

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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