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Old 12-01-2019, 11:52 PM   #21
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Originally Posted by BeachOrCity View Post
Also make sure you pick the “right” DAF or split it up. Vanguard has 500 minimum. Sometimes you want to give 50 bucks to a charity. Some cost more than others fees wise.
Fidelty DAF allows grants of $50 minimum
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Old 12-02-2019, 12:11 AM   #22
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Post RMD we will probably still use the DAF for the smallest donations.
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Old 12-02-2019, 05:50 AM   #23
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I love my Fidelity DAF! One point that hasn't been brought up is that the OP needs to make sure that whatever goes into the fund doesn't exceed the allowable % of AGI for it to be fully deductible- I think it's currently 60%.

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Post RMD we will probably still use the DAF for the smallest donations.
I'll still find it useful after that even for some larger donations; I LOVE the option of making the donation anonymous. It saves you from follow-ups from the charity looking for more money.
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Old 12-02-2019, 06:00 AM   #24
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Yes, the lack of required record keeping and the anonymity are major benefits of a DAF.
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