Donating to charities has never been easier with Daffy, a leading option for a Donor-Advised Fund (DAF). Once you've set up and funded your Daffy account, you can recommend donations to any of the over 1.5 million US-based charities available on Daffy.
Like any DAF, Daffy ensures that your money will be used for charitable purposes by approving all donation recommendations. This is done by confirming that the organization is approved by the IRS and the donation meets the criteria in our Member Agreement. If for any reason a donation recommendation cannot be approved or completed, Daffy will contact you with the reason.
It's important to remember that by law, all donation recommendations can't lead to anything more than incidental benefit for you or your family. For example, donation recommendations can't go towards tuition payments, tickets to an event, or covering a legally binding pledge.
With Daffy, you can make public or anonymous one-time or recurring donations. The minimum donation amount is $18. At the end of the year, you can download a receipt for all your charitable contributions, making tax time easier than ever.
Daffy delivers all donations to charities in cash, so you can choose from any of the over 1.5 million charities on Daffy. If you are one of the fortunate investors who have benefitted from the amazing rise in the stock market this year, we hope you'll consider giving a little this year to charities in need.
With Daffy, we've made it possible to donate to over 1.5 million charities in seconds. Select donate, pick an amount knowing that you have the funds available, and then select a charity of your choice. And if you are not sure who to give to, tap "Nearby" to see recommendations of charities near you. Plus, remember with Daffy, there are no hidden transaction fees. 100% of your donation recommendation goes to the charity of your choice.
In conclusion, Daffy is a great option for a DAF, making it easier than ever to donate to charities. Whether you're an investor who has benefitted from the stock market or someone who simply wants to give back, Daffy is the perfect platform for you.
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.