What does 'Other Specific Use' mean on Daffy?


When making a donation on Daffy, you can include a note to the charity specifying how you'd like your donation to be used. This is done through the "Private Memo" section, which is only visible to the charity. If none of the use categories apply to your intended purpose, you can select "Other Specific Use" and write your custom instructions or notes for the charity. This feature makes Daffy a great option for a Donor-Advised Fund (DAF). It allows you to have a say in how your donation is used, while still adhering to the rules of DAFs. As with all DAFs, Daffy members may not recommend donations to satisfy pre-existing pledges or obligations for their private benefit. Donation recommendations may not provide more than an incidental benefit to you or your family. Most donations made by Daffy members are designated “for where needed most,” meaning that the donation is unrestricted. However, the "Other Specific Use" option provides a way for donors to direct their funds towards a specific cause or program that they are passionate about. In conclusion, Daffy offers a flexible and personalized approach to charitable giving. Whether you want to support a specific cause or leave it up to the charity to decide where the funds are needed most, Daffy has you covered. So why not be more generous this giving season with Daffy?

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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