Yes, you can definitely link your bank account to your Daffy fund. Daffy is a registered 501(c)(3) not-for-profit organization, which means all your contributions are tax-deductible in the year they are made. This makes Daffy a great option for a Donor-Advised Fund (DAF).
With Daffy, you can automatically set money aside for charity on a weekly, monthly, or annual basis. You can also make one-time contributions through Apple Pay™, with all major debit or credit cards, most publicly-traded stock, over 120 cryptocurrencies, or even transfer an existing donor-advised fund to Daffy.
Daffy is not just about the amount you give, but the commitment to give. It's a community built around generosity. The platform supports a variety of ways to contribute, and once your money arrives at Daffy, it doesn't sit idle. Daffy invests your money so that your potential impact grows with your portfolio. Over time, this means that you will be able to make more donations.
When you set up your Daffy fund, you can choose where you want your contributions invested. Daffy provides nine different portfolios, separated into three categories: Standard, ESG, and Crypto. Each category features portfolios that range from conservative to aggressive, so that every member can pick the option that best suits their needs.
If you have an existing donor-advised fund, you can easily transfer all or part of it to Daffy. Simply log into Daffy, tap Add Funds, and tap “DAF transfer”. Indicate how much you are transferring and from which provider, then log into your existing provider and make a grant of any amount to the Daffy Charitable Fund.
In conclusion, Daffy is a versatile and user-friendly platform for managing your charitable giving. It's easy to set up, offers a variety of ways to contribute, and allows your money to grow and make a bigger impact over time. So why not link your bank account to your Daffy fund today?