How does Daffy Gifts work?


Daffy Gifts is a unique and innovative platform that allows you to send a digital charity gift card directly from your Daffy fund. This can be done with a personal message, and the recipient can choose any of the 1.5 million charities supported on Daffy, without even creating a Daffy account. Here's how it works: If you’re already a member of Daffy, you can tap “Daffy Gifts” on the Homescreen of the Daffy app or navigate to https://www.daffy.org/gifts on the web. You then choose a recipient and the amount you’d like to gift from your fund. You can add a personal message and send it to their email, or copy the link and send it to them directly however you’d like. The recipient then chooses which charity they’d like to support from over 1.5 million charities, non-profits, schools, and religious institutions supported on Daffy. They can redeem the gift without even creating a Daffy account. Once they select which charity they’d like to support, Daffy will send you an email to let you know to approve it and the donation will be sent from your fund. If you’re not yet a Daffy member, no problem. It only takes 2 minutes to get started, so create a Daffy account today. Once you add funds to your account, you'll be able to send as many Daffy Gifts as you’d like! Daffy Gifts do not expire and may be used at any time. If the balance of your fund is too low to process, Daffy will email you to request that you contribute to your fund or cancel the Daffy Gift. The contributions you’ve made to your Daffy fund are tax-deductible in the year that they were made, so Daffy Gifts are not tax-deductible since you already received a tax deduction for that amount. Also, the recipient of your Daffy Gift is not entitled to a tax deduction for the value. At this time, Daffy gifts are sent only through email and text, but Daffy always welcomes suggestions and ideas from its members. In conclusion, Daffy Gifts is a great option for a Donor-Advised Fund (DAF). It's a simple, convenient, and effective way to support the causes you care about and share the joy of giving with others. So why wait? Start your first Daffy Gift 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.

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