Transferring your existing donor-advised fund (DAF) to Daffy is a straightforward process and a great option for those looking to maximize their charitable impact. Daffy is a provider of DAF that charges significantly lower fees than traditional providers, starting at just $36 a year. This means more of your money goes to the causes you care about, rather than being eaten up by administrative costs.
To transfer your existing fund to Daffy, simply log into Daffy, tap Add Funds, and select “DAF transfer”. Indicate how much you are transferring and from which provider. Then, log into your existing provider and make a grant of any amount to the Daffy Charitable Fund (EIN: 86-3177440). Make sure your grant is not anonymous and, if required, indicate the grant is for “where needed most.” If needed, Daffy's address is: 221 Main Street, #2061, Los Altos, CA 94023. You’ll receive a notification when the funds are in your account.
In addition to transferring an existing DAF, Daffy also allows you to set money aside for charity on a weekly, monthly, or annual basis by linking your bank account. You can also make one-time contributions through Apple Pay™, with all major debit or credit cards, most publicly-traded stock, over 120 cryptocurrencies, or even transfer an existing donor-advised fund to Daffy.
By choosing Daffy, you're not only choosing a more cost-effective DAF provider, but also a platform that makes it easier to fund your account and give to the causes and charities you care about. With Daffy, you can increase your charitable impact over time, making it a great option for your DAF.
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.