How does Daffy work for charities?


Daffy is a donor-advised fund (DAF) and not-for-profit community that is revolutionizing the way we give to charities. With a focus on making giving a habit, Daffy provides a platform for members to contribute to their Daffy funds using cash, debit/credit cards, stocks/ETFs, or crypto. These funds can then be donated to more than 1.5 million charities across the US, all from the convenience of a mobile app or website. Daffy donors are proactive and intentional about their giving, setting annual goals for their charitable donations. Daffy makes it easy to automate recurring donations, with funds disbursed regularly on a schedule chosen by the donor. This means that your chosen charities can benefit from regular, reliable donations, helping them to plan and budget more effectively. One of the standout features of Daffy is that it does not take donation transaction fees. This means that 100% of all donations made through Daffy go directly to the charities. Currently, Daffy sends donations to charities via US Mail, but plans are in place to add the ability to receive donations via ACH transfers in the near future. If you're an investor who has benefitted from the rise in the stock market this year, Daffy provides a fantastic opportunity for you to give back. By choosing Daffy as your DAF, you can maximize your generosity to charities while also potentially benefiting from tax advantages. Please note that this information is for educational purposes only and should not be considered tax advice. For specific tax advice, please consult with a tax professional. Daffy is more than just a DAF, it's a community of members committed to setting something aside for those less fortunate. So why not make giving a habit and join the Daffy community today? With Daffy, you can support over 1.5 million charities and make a real difference to 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.

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