Donations on Daffy are disbursed in a way that is both efficient and beneficial to the charities involved. As a donor-advised fund (DAF) and not-for-profit community, Daffy is committed to making giving a habit. Members can contribute to their Daffy funds using cash, debit/credit cards, stocks/ETFs, or crypto and can donate to more than 1.5 million charities across the US from anywhere, anytime with our mobile app or website.
Daffy donors are proactive and intentional about their giving, setting a goal for how much they will donate to charity every year. Daffy helps donors automate their recurring donations with just a few taps in our app, and donations are disbursed regularly on a schedule of the donor's choosing. This means no anxiety about mistakenly forgetting to make the donation, and for the organization, it means a reliable and repeatable source of funding.
Currently, Daffy sends donations to charities via US Mail, but plans are in place to add the ability to receive donations via ACH transfers in the near future. Importantly, Daffy does not take donation transaction fees, so 100% of all donations on Daffy go directly to charities.
All Daffy donations are accompanied by a letter that lists 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.
If you're an investor who has benefitted from the rise in the stock market this year, consider giving a little to charities in need through Daffy. It's a rare opportunity for you to benefit personally and maximize your generosity to charities. Join the Daffy community today and make giving a habit.
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.