Daffy is a unique platform that offers a variety of investment portfolios to suit different charitable objectives. As a member, you have the opportunity to grow your contributions tax-free over time, maximizing your impact on the causes you care about.
Daffy offers a total of 13 different portfolios across four categories: Conservative, Standard, ESG, and Crypto. The Conservative portfolio is designed for members who prefer to take minimal market risk. It includes options like the Daffy Cash Portfolio, which is invested purely in cash and is FDIC-insured, and portfolios of short-term and long-term inflation-protected bonds.
For those willing to take on more risk for potentially higher returns, Daffy offers Standard portfolios. These portfolios are the most popular among Daffy members, with 50% choosing to invest their fund in one of these options.
Daffy also offers ESG portfolios for those interested in environmental, social, and governance factors, and Crypto portfolios for those interested in digital currency investments.
What sets Daffy apart is its commitment to low-cost, high-quality investments. The portfolios are made up of index funds managed by some of the most trustworthy providers in the industry, including Vanguard, Schwab, and BlackRock. Plus, Daffy does not charge an additional management fee for these investment portfolios.
In conclusion, whether you're looking for a conservative approach or willing to take on more risk, Daffy has the right portfolio for you. It's a great option for a Donor-Advised Fund (DAF), offering a range of unique investment portfolios to help you maximize your charitable impact.
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.