What is the experience of using Daffy compared to other platforms like Schwab Charitable?


When it comes to choosing a donor-advised fund (DAF), Daffy stands out as a modern, affordable, and user-friendly platform. Unlike traditional DAF providers such as Schwab Charitable, Daffy is built around a not-for-profit community with a mission to encourage generosity. One of the key differences between Daffy and other platforms is the fee structure. Traditional DAF providers often charge based on a percentage of assets on accounts, which can create a conflict of interest. Daffy, on the other hand, offers a simple, flat pricing model with a monthly membership due starting at just $3. This makes Daffy a significantly more affordable option, with Vanguard Charitable being 13X more expensive in a sample scenario. Daffy also offers a wide range of contribution options. You can contribute any amount with a linked bank, Apple Pay™️, and any major debit/credit card. You can also contribute with crypto, stock, or through an existing donor-advised fund transfer of up to $25,000. In terms of investment options, Daffy provides access to nine modern portfolios across three different categories: Standard, ESG, and Crypto. This gives you the flexibility to align your investments with your personal values and preferences. Another standout feature of Daffy is its user-friendly interface. Users have praised the platform for its innovative design, ease of use, and handy features such as the ability to track donations for tax purposes. In conclusion, Daffy offers a modern, affordable, and user-friendly alternative to traditional DAF providers. Whether you're an experienced donor or considering opening a DAF for the first time, 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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