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Jan 27, 2019
10:05
:24
am
Acorn
All-American
I read it last summer. My recollection is that they charge 0.6%
as a management fee, but their money market is paying around 2%, so it is a net positive.
If you donate directly in advance, you get nothing, so you are ahead of the game. I just wanted to make sure it didn't go negative.
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Acorn
Bio page
Acorn
Joined
Nov 25, 2004
Last login
Nov 22, 2024
Total posts
19,589 (2,435 FO)
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Messages
Author
Time
Made first Tithing Payment using DAF that I DIK'd last summer. Things I learned
Acorn
1/27/19 9:12am
DIK of appreciated stock is generally the best method.
BostonCougar
1/27/19 9:43am
I like the DAF, because I can pay in advance without guessing
Acorn
1/27/19 10:07am
Just read the subject lines out loud and you will laugh your butt off!!!
carcoug
1/27/19 9:55am
What kind of fees did the DAF charge?
YIsForBrigham
1/27/19 10:01am
Ah I read your linked post. 0.60% ($100 minimum) per year
YIsForBrigham
1/27/19 10:04am
I read it last summer. My recollection is that they charge 0.6%
Acorn
1/27/19 10:05am
Said it before... this DIK thing justifies my existence on CB.
SaturdaySpecialDay
1/27/19 10:26am
You did what last summer?
Alpi Gusto
1/27/19 11:02pm
A few questions
jkccoug
1/28/19 6:43am
The DAF investment options are limited
Acorn
1/28/19 11:03am
Thanks. So from a tax perspective though it is the same as a DIK
jkccoug
1/28/19 6:24pm
It is a DIK - you just make the DIK to the DAF instead of to the church
Acorn
1/28/19 7:24pm
Got it. Thx!
jkccoug
1/29/19 8:45am
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