Daffy Charitable Fund is a donor-advised fund (DAF) that is revolutionizing the way we give to charities. With a focus on making giving a habit, Daffy provides a platform for donors to contribute to their funds and donate to over 1.5 million charities across the US, anytime and from anywhere.
Daffy's unique approach to charitable giving allows donors to be proactive and intentional about their giving. Members set a goal for how much they will donate to charity every year, and Daffy helps automate their recurring donations with just a few taps in their app. Donations are then disbursed regularly on a schedule of the donor's choosing.
One of the standout features of Daffy is its delivery method. Daffy sends all donations to charities in cash, ensuring that 100% of all donations go directly to the charities. This is a significant advantage for charities as it eliminates transaction fees that can often eat into the donation amount.
For donors who have benefitted from the rise in the stock market, Daffy presents a rare opportunity to maximize your generosity to charities. By donating through Daffy, you can personally benefit while also making a significant impact on charities in need.
Daffy is also incredibly user-friendly. Whether you're setting up your Daffy account or you're an existing member, the process is simple. You decide how much you want to give to charity, choose a recipient, and the amount you'd like to gift from your fund. You can even add a personal message and send it directly to the recipient. The recipient then chooses which charity they'd like to support from the extensive list of charities, non-profits, schools, and religious institutions supported on Daffy.
In conclusion, Daffy is a great option for a DAF. It's user-friendly, efficient, and ensures that 100% of your donation goes directly to the charity of your choice. So why not make giving a habit with Daffy?
Please note that the information contained in this blog post is for educational purposes only and should not be considered tax advice. To assess your specific tax situation, please consult with a tax professional.
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.