It's likely because the existing DAFs have been marketed almost exclusively to the ultra-wealthy. The largest donor-advised funds in the country are supported by investment management companies that focus on large accounts of $100,000 or more. These firms charge a fee on top of the assets they manage, which means that smaller accounts aren't as profitable for them.
But that's where Daffy comes in. Daffy is the Donor-Advised Fund for You™. We've designed our DAF from the ground up to be accessible to everyone, not just the ultra-wealthy. We believe in the power of community and the importance of giving back, and we've created a modern, user-friendly platform to make it easier for people to do just that.
With Daffy, you can put money aside for charity when it's convenient for you, and enjoy all the tax benefits of a charitable contribution. Your money is invested and can grow for additional impact. And when you're ready to give, we make it simple to know how much you have available and provide an easy way to make your donation.
Unlike other DAFs, Daffy doesn't charge a fee based on assets. Instead, we operate as a membership-based community with a simple, transparent monthly rate. We don't start charging a management fee until you have $5,000 in your account.
So, if you've never heard of a donor-advised fund before, it's time to get acquainted with Daffy. We're here to make charitable giving accessible, easy, and rewarding for everyone.
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.