In 2020, the United States demonstrated an impressive level of generosity, with over $471 billion dollars given to charity, $334 billion of which came from individuals. However, despite this significant contribution, there exists a "Generosity Gap" - a gap between what people want to give and what they actually give. This gap, if closed, could unlock over one trillion dollars in additional giving over the next decade.
This is where Daffy comes in. Founded in 2020 with the goal of using technology to improve how people give, Daffy helps individuals bridge this Generosity Gap. By asking users to set a goal for their annual charitable giving and automating contributions on a weekly, monthly, or quarterly basis, Daffy makes it easier for people to give as much as they want to charity.
Your money is then invested in one of nine modern portfolios to increase your potential impact. When you're ready to donate, Daffy's app makes it simple to give to over 1.5 million worthy charities.
If charitable giving continues to grow at its current rate and everyone was able to close the 32% gap identified by Daffy, it could mean an additional $1.27 trillion dollars donated to charity over the next 10 years.
Daffy is not just a Donor-Advised Fund (DAF), it's a tool that empowers you to be as generous as you want to be, potentially unlocking trillions of dollars for worthy causes. So, when considering a DAF, consider Daffy - a platform designed to help you maximize your impact and close the Generosity Gap.
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.