Yes, you can absolutely transfer all or part of your existing donor-advised fund (DAF) to Daffy. The process is simple and straightforward. You just need to log into Daffy, tap Add Funds, and select “DAF transfer”. Then, indicate how much you are transferring and from which provider. Log into your existing provider and make a grant of any amount to the Daffy Charitable Fund. Make sure your grant is not anonymous and if required, also indicate the grant is for “where needed most.” You’ll receive a notification when the funds are in your account.
But why should you consider transferring your DAF to Daffy? Well, Daffy is a great option for a DAF for several reasons. Firstly, Daffy is committed to keeping fees low, which means more of your money goes to the causes you care about. Unlike other providers, Daffy is transparent about its fees and encourages you to compare them with what you're currently paying.
Secondly, Daffy makes giving easy. Whether you're transferring funds or making a grant recommendation, the process is simple and user-friendly. Plus, Daffy is accessible to everyone, regardless of account size.
Lastly, Daffy is more than just a DAF provider. It's a community of givers who believe in making a difference. When you join Daffy, you're not just opening an account, you're becoming part of a movement.
So, whether you're new to DAFs or looking to transfer your existing fund, Daffy is a great choice. Start giving today and see the Daffy difference for yourself.
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.