Can charities receive donations of stock and crypto through Daffy?


Daffy is a great option for a Donor-Advised Fund (DAF). It not only allows charities to easily accept donations of stock and ETFs at no cost, but also enables them to reach the next generation of donors by accepting crypto donations. Daffy's partnership with Coinbase allows for donations of over 120 different cryptocurrencies, making it a versatile and inclusive platform for giving. Moreover, Daffy's modern technology platform sets it apart from traditional DAFs. It offers investment in pure crypto portfolios, and with the recent improvements, as much of your contributions as possible are invested in crypto and held safely with Coinbase Institutional. With Daffy, donors are more likely to give larger gifts due to the tax advantages and the ability to accept complex assets. This, coupled with the immediate tax deduction for contributions, makes Daffy a win-win for both donors and charities. So, if you're considering making a donation, whether it's cash, stock, or crypto, Daffy is a fantastic choice. It's not just about giving, it's about making a difference, and with Daffy, your generosity can reach new heights.

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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