Subject: Re: IV
I reviewed DAF’s in the past and passed on it. Why? F.E.E.S

Fidelity fee structure:
https://www.fidelitycharitable...

Starts at 0.6%.
Total market funds are a couple of basis points.

So, yes, your charities lose out on 0.6% or less. For us, the convenience far outweighs that. We can make monthly contributions to local and national charities. We can make contributions to the DAF when opportune for us, from an investment (like right now with Berkshire) and a tax standpoint.