---
title: Choosing and linking a DAF
description: Learn how to open a DAF with Daffy or link one from another provider, and what transfer and provider fees apply to stock donations on Frec.
---
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1. [Frec Help Center](https://help.frec.com/en-us?hsLang=en-us)
2. [Transfers & deposits](https://help.frec.com/en-us/transfers-deposits?hsLang=en-us)
3. [Stock donations](https://help.frec.com/en-us/transfers-deposits?hsLang=en-us#stock-donations)
November 10, 2026
# Choosing and linking a DAF
### How to link or create a DAF
To donate shares, you first need to connect a donor-advised fund (DAF) to your Frec account. You can open a new DAF with Daffy or link one you already have when you start a donation.
| **If you…** | **What to do** |
| --- | --- |
| Don’t have a DAF | You can open one with Daffy in the donation flow, or open one with another DAF sponsor and link it to Frec. If you choose Daffy, you’ll be taken to Daffy to set up your account, then brought back to Frec to finish your donation. |
| Have a Daffy DAF | Link it by signing in to Daffy when prompted. |
| Have a DAF somewhere else, like Fidelity Charitable, Schwab Charitable, or Vanguard Charitable | Link it by entering your DAF's account details (below). |
### About Daffy
Daffy is a giving platform and one of the 10 largest DAF providers in the US. Instead of charging a percentage of your balance, Daffy charges a flat monthly membership fee, with tiers based on how much you contribute each year and which features you use. Donations from Frec to Daffy have no transfer fee. Once your shares arrive, you can recommend grants to almost any US public charity from the Daffy app.
Daffy promotes Frec to its members. Frec is not affiliated with Daffy, and no compensation is exchanged.
### Linking a DAF from another provider
To link an outside DAF, you’ll need three details from your DAF provider. Most providers list them on their stock donation or transfer instructions page.
| Detail | What it is |
| --- | --- |
| DTC number | Your DAF provider's clearing number, used to route the transfer. |
| Master account number | Your DAF provider's account that receives stock donations. |
| Your DAF account number | Your own DAF account, so the shares are credited to you. |
Check the details carefully. A wrong account number can delay or misroute your donation.
### What are the fees for DAF donations?
Frec doesn't charge a fee to donate stock to a DAF. The only fee is a transfer fee from our custodian, and it depends on where your DAF is held.
| Where your DAF is held | Transfer fee | Why |
| --- | --- | --- |
| Daffy | $0 | Daffy uses the same custodian as Frec, so there's no transfer fee. |
| Another provider, like Fidelity Charitable, Schwab Charitable or Vanguard Charitable | $5 per symbol donated | Charged by our custodian for each stock or ETF transferred to your DAF. |
DAF providers charge fees in different ways. Fidelity Charitable, Schwab Charitable, and Vanguard Charitable charge an annual administrative fee based on a percentage of your balance. Daffy charges a flat monthly membership fee based on your contribution level. Other fees may also apply.
Which fee structure costs less depends on your balance and how much you contribute, so check each provider’s fee schedule for details.
#### Example
You donate shares of three different stocks to a DAF at Fidelity Charitable. The transfer fee is $5 per stock, so you’d pay $15 (3 × $5). The same donation to Daffy has no transfer fee.
### Keep in mind
- The fee is charged per stock, not per share. Donating 1 share or 100 shares of Apple to Fidelity Charitable costs $5 either way.
- Transfer fees are only part of the cost. Once your shares are in your DAF, your provider’s ongoing fees apply.
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