What benefits does Daffy provide to charities?


Daffy is a modern donor-advised fund (DAF) that provides a multitude of benefits to charities. As a platform designed to encourage generosity, Daffy offers a unique approach to charitable giving that is both efficient and effective. One of the key benefits Daffy provides to charities is that 100% of all donations made on the platform go directly to the charities. Unlike other platforms, Daffy does not take a transaction fee. Instead, members pay monthly fees to support the development and operation of the DAF. Daffy also simplifies complex asset giving. Through the platform, charities can receive donations of stock and crypto without having to set up a brokerage account or crypto wallet. This makes it easier for donors to give and for charities to receive donations, all without any additional fees. In addition, Daffy provides automated tax receipts for donors, relieving charities of the burden of sending them. This allows charities to focus more on their mission and less on administrative tasks. Unlike traditional DAF providers, Daffy requires a minimum annual donation from all members. This ensures a steady flow of donations to charities and encourages regular giving. Daffy is not just a DAF, it's a community focused on making giving a habit. With over 1.5 million charities to choose from, donors can contribute to their Daffy funds and donate to their chosen charities from anywhere, anytime with the Daffy mobile app or website. In conclusion, Daffy is a great option for a DAF. It simplifies the donation process, ensures that 100% of donations go to charities, and encourages regular giving. By making giving a habit, Daffy helps charities receive the funds they need to continue their important work.

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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