At Daffy, we believe in making charitable giving accessible, simple, and transparent. Unlike most donor-advised funds (DAFs) that have high minimum fees and charge based on the amount of money in the fund, Daffy operates differently. We charge a flat, monthly membership fee, ensuring more of your money goes to the charities and causes you care about most.
So, what is the minimum annual donation required by Daffy from its members? The answer is simple: there isn't one. At Daffy, we prompt you to answer this question: How much do you want to give to charity this year? This approach allows you to decide the amount you wish to donate, making charitable giving more flexible and personalized.
Daffy is free for members with less than $100 in their fund. For those who wish to contribute more, we offer different membership tiers starting at $3 per month, allowing you to contribute up to $25,000 in stock, crypto, or through an existing donor-advised fund transfer.
We also don’t charge charities any fees, so they always receive 100% of every donation. This means that every dollar you donate through Daffy goes directly to the cause you care about.
In addition to this, Daffy offers high-quality, low-cost investment portfolios and consolidates all your donation receipts into one place. This makes tracking your charitable giving easier and maximizes the many tax benefits of giving through a DAF.
In conclusion, Daffy is a great option for a DAF. It's not just about the money you give, but also about the impact you make. With Daffy, you can be more intentional with your giving and support the causes you care about most.
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.