Daffy Surpasses $1 Billion in Charitable Assets Just 4.5 Years After Launch

Daffy, the Donor-Advised Fund for You™, crosses $1B+ driven by first-time DAF holders and a wave of transfers from legacy providers

LOS ALTOS, Calif.--(BUSINESS WIRE)--Daffy, the modern donor-advised fund (DAF) platform designed to help people be more generous, more often, today announced that it crossed $1 billion in charitable assets, a milestone reached in less than four and a half years since launching on September 30, 2021. That pace of growth translates to more than $7 in charitable assets added for every second since launch.

When Daffy shared their 2025 Year in Review, it reported ending December 2025 with over $720 million in charitable assets, up from $334 million in 2024 — despite more than tripling donations in the same period. Daffy also became one of the top 10 largest donor-advised fund providers in the United States by number of accounts, placing ahead of long-established programs at Bank of America, Goldman Sachs, T. Rowe Price, and Raymond James, all of which launched their DAFs in the early 2000s.¹

Just two and a half months into 2026, Daffy crossed the $1 billion mark, adding more than $300 million in charitable assets since the start of the year.

"This milestone belongs to our members and their belief in the power of setting money aside for charity," said Adam Nash, Co-Founder & CEO of Daffy. "Legacy DAF providers are increasingly focused on a small number of ultra-wealthy clients and underinvested in technology. As a result, many donors were priced out or frustrated. Both first-time donors and experienced DAF customers are now finding their way to Daffy, and we’re proud to be building the DAF for anyone who wants to make generosity a meaningful part of their life.”

A New Kind of DAF Member: Starters

The majority of Daffy's growth has come from first-time DAF holders, donors who had never used a donor-advised fund before Daffy, largely because the existing providers weren't built for them. Legacy DAF providers such as Vanguard Charitable require minimums of $25,000 or more to open an account. Daffy requires none.

Today, 63% of Daffy members have accounts under $10,000. These are regular givers, people who contribute $10 a week or $25 a month, who now have a dedicated home for their generosity. Daffy's median donation recommendation is $100, and its minimum is just $10.

Accelerating Growth at Daffy from DAF Transfers

A second major driver of growth is donors transferring funds from existing DAF providers such as Fidelity Charitable, DAFgiving360 (formerly Schwab Charitable), and Vanguard Charitable. Since inception, Daffy has received more than $155 million in inbound DAF transfers, including $75 million from Fidelity Charitable alone. Paying more for fewer features is proving to be an unsustainable proposition.

Individual transfers have ranged from a few thousand dollars to over $8 million.

These members are not new to donor-advised funds. They are experienced givers who grew frustrated with the lack of innovation at legacy DAF providers. Daffy offers features unavailable elsewhere, including family giving plans, custom investment portfolios across 680+ ETFs, support for 300+ crypto contributions, the ability to recommend that donated stock is held or sold down gradually, and public giving campaigns with the option for matching. Paying more for fewer features, it turns out, isn't a sustainable proposition.

In total, Daffy members have made tens of thousands of donation recommendations totaling more than $200 million to nonprofits since the platform launched.

Key Milestones at a Glance

• $1 billion in charitable assets reached in less than 4.5 years
• $155M+ in inbound transfers from legacy DAF providers, including $75M from Fidelity Charitable
• $200M+ in total donation recommendations made by members
• 63% of members have accounts under $10,000
• Median donation: $100
• Largest single donation: $5M+
• Top 10 largest U.S. DAF by number of accounts, ahead of Bank of America, Goldman Sachs, T. Rowe Price, and Raymond James²

What Daffy Offers Over Other DAF Providers

• No minimum to get started: $0 to open
• Flat-rate monthly membership pricing: Pay a flat monthly fee based on the features you use, not a percentage of your balance like most DAFs. Most DAFs start at 0.60% of your fund balance, whereas Daffy starts at just $3/month.
• A full-featured, native app: Daffy's mobile app lets you open your account, add funds, and recommend donations, everything, end-to-end, from your phone
• Daffy for Families: Add your partner, kids, grandkids, or anyone you consider family. Family members can request donations, making giving a shared experience
• Custom Portfolios: Propose your own investment portfolio from 680+ ETFs, including funds from Vanguard, iShares, Fidelity, Bitwise, and more
• Custom Liquidation: Unlike traditional DAFs, Daffy lets you recommend when and how donated stock is liquidated
• Built-In Advisor Support: Add your financial advisor directly to Daffy so your giving stays coordinated with your broader financial and tax strategy
• Daffy Campaigns: Run a public campaign to raise funds for up to 15 charities at once, with the ability to match donations from your DAF balance and get friends and family involved

To learn more about how Daffy compares to other DAFs, visit daffy.org/compare.

About Daffy

Named one of Fast Company’s “Most Innovative Companies of 2024,” Daffy is the Donor-Advised Fund for You™—a modern, fast-growing platform for charitable giving that helps people be more generous, more often. Daffy removes the barriers to giving by making it simple for anyone to set money aside for charity, invest those funds tax-free, and donate to over 1.7 million U.S. charities, all with no minimums and industry-low fees. Like a 401(k) for giving, Daffy turns giving into a habit through recurring contributions, recurring donations, and innovative tools that inspire giving year-round. It’s also the first DAF to build family giving features and public matching campaigns, so the members can inspire their loved ones and friends to give. Since launching in September 2021, the Daffy community has grown to tens of thousands, with members’ account sizes ranging from $10 to over $50M. Daffy is a 501(c)(3) nonprofit (EIN: 86-3177440), like all donor-advised fund providers. To give with Daffy, visit daffy.org or search “Daffy” in the App Store.

All Daffy figures are based on initial unaudited results from 1/1/2025 to 3/15/2026. Audited financials from 2021, 2022, 2023, and 2024 are available upon request.

¹ Rankings use account totals from The Annual DAF Report 2025 (Donor-Advised Fund Research Collaborative) and 2025 projections for other providers derived from their 2022–2024 CAGR. Daffy’s ranking is based on data through January 2026.

² Rankings use account totals from The Annual DAF Report 2025 (Donor-Advised Fund Research Collaborative) and 2025 projections for other providers derived from their 2022–2024 CAGR. Daffy’s ranking is based on data through January 2026.