Daffy for Work is revolutionizing the culture of giving and philanthropy within workplaces. By leveraging the success of the 401(k), Daffy for Work offers a simpler and more powerful way to encourage employees to give. Each employee has access to a free, personal donor-advised fund (DAF), allowing them to choose how much to set aside for charity and receive an immediate charitable deduction for every contribution.
The money is invested in a selection of tax-free portfolios, compounding over time, and then available whenever employees feel inspired to make a donation. Employers can further encourage giving by matching contributions to employee accounts or making direct contributions. Unlike complicated and under-utilized charitable gift matching programs, Daffy for Work provides a simple and elegant way for companies to show their employees that they care about giving.
Daffy for Work is a great option for a DAF as it modernizes workplace giving, making it easier for employees to contribute to causes they care about while also receiving tax benefits. It also allows employers to demonstrate their commitment to philanthropy in a tangible way.
Whether you're setting up your Daffy account or an existing member, Daffy prompts you to answer the question: How much do you want to give to charity this year? This encourages a culture of regular giving, making philanthropy a habit rather than a one-off event.
Join the Daffy community today and make giving a habit. Learn more and get started at daffy.org/work or contact us at firstname.lastname@example.org.
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.