When you contribute stock to your Daffy fund, you can recommend how those shares are liquidated.
By default, like all donor-advised funds, Daffy liquidates contributed stock shortly after it arrives and invests the proceeds into your selected investment portfolio. This is referred to as "immediate liquidation."
Our custom liquidation feature, on the other hand, allows you to recommend a selling schedule for the donated shares. We offer two types of custom liquidations:
Hold: We hold the shares for a period of time
Gradual: Sell a portion of the shares monthly for a period of time
Note: Custom Liquidation is a feature specific to Daffy's Philanthropist membership ($40 per month).