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What are the problems with traditional providers charging fees based on a percentage of asset?

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At Daffy, we've set up a different model. We charge a flat monthly membership fee, just like many community centers and religious institutions. This means that the more you give, the less you pay in fees. For most members, the fee is just $3 per month. For those who want to make unlimited contributions of stock and crypto, we have a $20 per month membership. This means that if you have a large account, like Elon Musk, you could give millions more to charity over the next 10 years by switching to Daffy. So, if you own a donor-advised fund today, it’s most likely with a large provider like Fidelity or Schwab. But are you aware of how much you're paying in fees? And more importantly, do you realize how much more could be going to your chosen charities if you switched to Daffy? It's time to rethink your DAF provider. Choose Daffy, and give more to the causes you care about.

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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