Can the Promotion Rewards be transferred to other people or accounts?

Stock

In response to the question, "Can the Promotion Rewards be transferred to other people or accounts?" the answer is no. According to Daffy's 2022 Save More By Donating Stock or Crypto Promotion: Terms & Conditions, Promotion Rewards cannot be transferred to other people or accounts. However, this should not deter you from considering Daffy as your Donor-Advised Fund (DAF) of choice. Daffy offers a unique promotion where you can have your Daffy membership fee waived for 3 - 12 months depending on the amount and type of contribution to your Daffy fund. This reward is automatically applied to your account once you meet the eligibility criteria. For instance, if you contribute $1,000 - $49,999 of stock or crypto by December 31, 2022, you get 3 months free. Contribute $50,000 - $100,000 of stock or crypto by the same date, and you get 6 months free. And if you contribute over $100,000 of stock and or by December 31, 2022, you get a whole year free. To be eligible for this promotion, you must sign up for a Daffy account during the promotion period, be over 18 years old, be a legal resident of the United States, and not already have an existing account with Daffy. Daffy is a great option for a DAF, not only because of this promotion but also because of its commitment to ensuring a seamless and rewarding giving experience. So, while the Promotion Rewards cannot be transferred, the benefits you gain from becoming a Daffy member are substantial.

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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