"Keep as draft for now" is a feature on Daffy that allows you to save your work in progress without making it visible to the public. This feature is particularly useful when you are in the process of creating a donation but are not yet ready to finalize it.
When you make a donation on Daffy, you have the option to include a note to the charity specifying how you'd like your donation to be used. This can be done either through the Daffy app or the Daffy website. On the app, you can tap "Customize donation" on the first donation screen and look for the section titled "Private Memo." This memo will only be visible to the charity. You can then select the "use" for your donation from the menu. If none of the use categories apply, you can select "Other Specific Use" and write your custom instructions or notes for the charity. On the Daffy website, the "Private Memo" section will be on the second donation screen.
Daffy is a great option for a Donor-Advised Fund (DAF) because it allows you to integrate giving into your daily life. It offers a seamless and user-friendly platform that makes it easy to donate to your favorite causes. Plus, with the "Keep as draft for now" feature, you can take your time to decide how you want your donation to be used. This ensures that your donation will have the maximum impact and aligns with your philanthropic goals.
In the first year of Daffy's operation, over 36% of donations included a public note. This shows that donors appreciate the ability to express their personal motivations for supporting specific causes and organizations.
In conclusion, Daffy offers a unique and personalized giving experience. Whether you're donating stock or cash, Daffy makes it easy to support the causes you care about most.
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.