What is the minimum value of shares for a stock contribution?


When it comes to making a stock contribution to your Donor-Advised Fund (DAF), Daffy is a fantastic option. The minimum value of shares for a stock contribution is $1,000. This makes Daffy an accessible choice for those looking to contribute stocks to their DAF. Daffy has made the process of contributing stocks simple and straightforward. After making an initial contribution, you can initiate a stock or crypto contribution within your account. To contribute stock, you must first create a stock contribution intent in the Daffy app or website. This ensures that your contribution is attributed to your account quickly. Daffy accepts publicly traded stocks and ETFs, making it a versatile option for a variety of investors. The process of contributing stock from your Vanguard account, for example, is clearly outlined in a step-by-step guide provided by Daffy. In addition to stocks, Daffy also accepts contributions in the form of recurring payments, one-time payments, and even cryptocurrency. The minimum amounts for these contributions are $10/week or $25/month for recurring payments, $100 for one-time payments, and .001 BTC (10,000 Satoshis) or equivalent for crypto contributions. With Daffy, you have the flexibility to contribute in a way that best suits your financial situation and investment preferences. This, combined with the ease of use and clear instructions provided by Daffy, makes it a great choice for your DAF contributions.

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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