Daffy

How does Daffy's pricing plan differ from traditional providers?

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Daffy's pricing plan differs significantly from traditional donor-advised fund (DAF) providers, making it a fantastic option for those considering a DAF. Traditional providers often charge based on a percentage of assets on accounts, which can lead to a conflict of interest. However, Daffy, as a not-for-profit community, has a unique business model. It charges a simple monthly membership due, starting at just $3. This low-cost membership structure ensures that more of your contribution can go to charity. Moreover, Daffy offers 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%. In contrast, traditional providers like Vanguard Charitable charge two fees that can quickly add up and devalue your portfolio. Daffy also stands out with its full-featured app designed for those who want to make charitable giving a regular habit. This mobile-first web experience makes it easier for members to make contributions and donations. In addition, Daffy does not charge charities any fees, ensuring they receive 100% of every donation. This is in stark contrast to most donor-advised funds that have high minimum fees and charge a percentage fee based on the amount of money in the fund. In conclusion, Daffy's pricing plan is not only more affordable but also more transparent and beneficial to both donors and charities compared to traditional DAF providers.

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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