Yes, Daffy does provide a donation letter for every donation made. This letter includes information from the donor, to the extent they wish to share it with the charity, 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.
Daffy is a fantastic option for a Donor Advised Fund (DAF). Not only does it provide a donation letter for every donation made, but it also delivers all donations to charities in cash. This means you can choose from any of the over 1.5 million charities on Daffy.
If you're an investor who has benefitted from the rise in the stock market this year, Daffy provides a rare opportunity for you to benefit personally and maximize your generosity to charities.
Daffy also makes it easy to create a recurring donation, which is a win-win arrangement in philanthropy. It eliminates the anxiety of forgetting to make the donation for the donor and provides a reliable and repeatable source of funding for the organization.
Moreover, Daffy rewards you for inviting friends. For every friend that becomes a member, you receive an extra $25 in your Daffy fund, and they do too.
So, if you're looking for a DAF that provides donation letters, allows you to choose from a vast number of charities, and offers the opportunity to create a recurring donation, Daffy is a great choice.
Remember, giving should be a habit. Start your journey with Daffy today.
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.