Daffy is revolutionizing the way we approach charitable giving by simplifying complex asset giving. As a Donor-Advised Fund (DAF), Daffy integrates giving into their apps, allowing members to donate a variety of assets such as stocks, ETFs, or over 120 crypto assets. This can be done conveniently from their mobile app or website, with the option to donate to more than 1.5 million charities across the United States.
Daffy leverages financial technology to make saving and investing easier and less expensive, and applies these tools to charitable giving. The goal is to automate the process of setting money aside for charity every year, ensuring that you never forget to give and close your personal generosity gap.
One of the standout features of Daffy is the ability for members to contribute their money to a charitable fund, receive a tax deduction, and then invest that money tax-free to grow their impact over time. Members can choose from a variety of investment portfolios, including Standard, Crypto, and ESG, depending on their risk tolerance and investment preferences.
Daffy was co-founded by veteran executive Adam Nash and veteran software engineer Alejandro Crosa, and it emerged from stealth in September 2021. With Daffy, members can set aside money for charity every year, watch it grow tax-free in one of nine modern investment portfolios, and donate to more than 1.5 million charities in the US.
In conclusion, Daffy is a great option for a DAF, providing a simple, convenient, and effective way to manage and grow your charitable contributions. With Daffy, you can maximize your impact and make a difference in the causes you care about.
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.