DAF: The Donors Fund vs The OJC Fund

[elikay]

Im hearing that he Donors Fund will soon be no minimums and will not cost the client any fees. (The charity will pay like any processing fees for credit)

Honestly, I prefer footing the bill and let the meshulach get the entire amount. TDF has that option now, not sure if it is going away.

[Dan]

Im hearing that he Donors Fund will soon be no minimums and will not cost the client any fees. (The charity will pay like any processing fees for credit)

What's the breakdown of their current fees?

[NewYorker11219]

What's the breakdown of their current fees?

See here:
https://ojcfund.org/plan/index.html

[AsherO]

See here:
https://ojcfund.org/plan/index.html

Too many options with very little clarification of what the differences are

[NewYorker11219]

Too many options with very little clarification of what the differences are

I’ve been using them for a while now, quite convenient, I only use the online contribution option, meaning no checks and the fee for that is 0.06%.

I sometimes use the debit card which costs me $0

These fees are the same for all tiers

[Dan]

See here:
https://ojcfund.org/plan/index.html

And The Donors Fund?

[NewYorker11219]

No experience with them

[ElizBuffers]

What's the breakdown of their current fees?

2.9 for the charity like any processing fees. (Donor can cover if he chooses) and online grants are free.

[Dan]

2.9 for the charity like any processing fees. (Donor can cover if he chooses) and online grants are free.

But free for online grants?
https://thedonorsfund.org/charity.html

How does that work?

[intheprocessmillionair]

I actually use donor's fund, super happy with them.

It's basically a free program with 2.9 charges on certificates recipient. Meaning no fees on balance in your account or grants made from the portal.

[Dan]

I actually use donor's fund, super happy with them.

It's basically a free program with 2.9 charges on certificates recipient. Meaning no fees on balance in your account or grants made from the portal.

Does the recipient get charged for an online grant?

[intheprocessmillionair]

No

[Dan]

No

How do they make money on that with no fees on either end?
Can you donate stock?

[ushdadude]

Do any of these allow anonymous donations? I'm pretty sure Fidelity does

[ushdadude]

How do they make money on that with no fees on either end?
Can you donate stock?

Nice way to flush capital gains

[Shmulie]

Do any of these allow anonymous donations? I'm pretty sure Fidelity does

Schwab does too

[Shmulie]

How do they make money on that with no fees on either end?
Can you donate stock?

From their website

Accept all forms of assets
Now accept complex assets including
stocks, cars, collectibles, and more.

[ElizBuffers]

Do any of these allow anonymous donations? I'm pretty sure Fidelity does

Donors fund has anonymous option

[ElizBuffers]

How do they make money on that with no fees on either end?
Can you donate stock?

I think they don't but if you have an account and use the other forms of giving they make money from the vouchers (checks) and credit card giving (coming soon)

[intheprocessmillionair]

I try to only fund with stock, even when I'm not ready to sell, I repurchase and raise my basis.

I guess they assume you will utilize they're monetized products certificates, investments,etc....

Yes, they have anonymous option for giving