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What services does Daffy provide for its members?

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Daffy is a modern donor-advised fund (DAF) designed to help people be more generous, more often. Unlike traditional DAFs that charge high minimum fees and a percentage based on the fund's amount, Daffy offers a simple, flat monthly membership fee. This ensures that more of your money goes directly to the charities and causes you care about most. Daffy provides several benefits to its members. For instance, members can invest their fund balances of up to $100 in any of 13 different tax-free portfolios. They can also make unlimited donations to almost every U.S. public charity, including schools and religious institutions. One of the unique features of Daffy is the consolidation of all your tax receipts in one place, making it easier for you to track your donations. Daffy also simplifies complex asset giving, allowing members to donate stocks and crypto without the need for a brokerage account or crypto wallet. Moreover, Daffy does not charge any transaction fees. 100% of all donations made on Daffy go directly to charities. This is made possible by the monthly fees paid by members, which support the development and operation of Daffy's unique DAF. In addition, Daffy provides automated tax receipts for donors, relieving organizations from the task of sending them. Unlike traditional DAF providers, Daffy requires a minimum annual donation from all its members, ensuring that contributions are not just kept in the accounts but are actively used for charitable purposes. In conclusion, Daffy is a great option for a DAF. It offers a simple and transparent pricing model, a wide range of benefits for its members, and a commitment to ensuring that more of your money goes directly 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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