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What are Daffy's membership fees?
What are Daffy's membership fees?
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Written by Support
Updated over 2 months ago

Unlike most donor-advised funds that have high minimum fees and hidden costs based on the amount of money in the fund, Daffy charges a simple, flat monthly fee based on the level of membership. Membership tiers are based on annual contribution amounts* as well as features used by Daffy members.

You can read about how our pricing compares to other donor-advised funds here and what industry experts say about Daffy here.

  • Supporter: Free. This membership is specifically for members with a balance of less than $100 in their fund.

  • Contributor: $3 per month for a fund with the ability to make average annualized contributions* of up to $25,000.

  • Family: $5 per month for a family fund and the ability to make average annualized contributions* of up to $50,000.

  • Benefactor: $20 per month for individual or family funds and the ability to make unlimited contributions as well as request a custom portfolio.

Are there limits on contributions to my account?

No. There are no contribution limits for Daffy accounts. You can always contribute any amount to any donor-advised fund. Daffy has accounts ranging from $10 to over $10 million.

How are average annualized contributions calculated?

The average annualized contributions to an account is calculated at the fund level.

If the fund is less than 12 months old, then the average annualized contributions are just the total contributions to the fund.

If the fund is 13 months or more, Daffy calculates the average monthly contributions to the fund, and then multiplies by 12 to annualize that number.

As an example, this member opened their account 20 months ago and has since made total contributions of $120,000. Therefore, their average monthly contributions is $6,000 and average annualized contribution is $72,000. This places them in the Benefactor tier.​

Age of Fund

20 months

Total Contributions

$120,000.00

Average Monthly Contributions

$6,000.00

Average Annualized Contributions

$72,000.00 (Benefactor)

Membership Changes

How do I upgrade my membership?

Membership pricing changes are triggered automatically based on:

  • your contribution activity*

  • adding people to your Daffy account

  • requesting a custom portfolio

Contributions* of over $25,000 will automatically upgrade your membership to the Family tier, and contributions* of over $50,000 will automatically upgrade your membership to the Benefactor tier.

*Contribution limits for membership tiers are based on the average annualized contribution to a fund.

Fees

How do I pay my monthly membership fee?

Membership fees are collected every month out of the balance of your Daffy account. Membership fees are waived for accounts with a balance under $100. If you’re already a Daffy member, you can view your membership tier and billing history at any time in your Settings under Membership.

Does Daffy charge any other fees besides my monthly membership?

We charge a fee of 2.9% to cover payment processing costs on credit card, debit card, and Apple Pay contributions, which we waive for the first contribution, up to $1,000. This does not apply to bank transfer contributions for which there are no fees.

Our investment portfolios have standard expense ratios that are charged by the investment products themselves. Daffy charges no asset management fees on its portfolios.

Some third parties (e.g., your brokerage firm, your crypto exchange, or your current DAF provider) may charge you fees on your contributions to Daffy. We recommend reaching out to your external provider(s) to understand their specific policies and fees.

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