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Can a donor specify where they want their donation to be used?

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When it comes to making a donation, many donors often wonder if they can specify where their donation will be used. The answer is yes, especially if you're using Daffy, a leading Donor Advised Fund (DAF) platform. When you make a donation on Daffy, you have the option to include a note to the charity specifying how you'd like your donation to be used. This is done through the "Private Memo" section, which is only visible to the charity. You can select the "use" for your donation from a menu, and you will be prompted to provide more information depending on the "use" you select. If none of the use categories apply, you can select "Other Specific Use" and write your custom instructions or notes for the charity. This feature is available both on the Daffy app and the Daffy website, making it easy for you to make a donation no matter where you are. Daffy is designed to support both restricted and unrestricted giving. Since many non-profits have multiple initiatives, Daffy allows you to set a specific use for your donation that is passed along to the nonprofit. This ensures that the nonprofits know how you’d like your funds distributed. All Daffy donations are accompanied by a letter that lists information from the donor and a memo line indicating the donor’s intent for the donation. Most donations made by Daffy members are designated “for where needed most,” meaning that the donation is unrestricted. However, the option to specify a use for your donation gives you the flexibility to support specific initiatives or programs. In conclusion, Daffy is a great option for a DAF as it not only allows you to specify where your donation will be used, but also provides a seamless and user-friendly platform for making donations. So, start giving with Daffy today and make a difference in the way you want.

Please note that the information contained on this page is for educational purposes only and should not be considered tax advice. Any calculations are intended to be illustrative and do not reflect all of the potential complexities of individual tax returns. To assess your specific tax situation, please consult with a tax professional.

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