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What does 'scheduling your contribution' mean?


"Scheduling your contribution" refers to setting up a recurring donation to a charity of your choice. This is a feature offered by Daffy, a Donor-Advised Fund (DAF) platform, that allows you to automate your charitable giving. With Daffy, you can easily set up a recurring donation by selecting the "Donate" option, entering your desired donation amount, and choosing the "Schedule a recurring donation" option. You can then select the frequency of your donation - monthly, quarterly, or on a specific schedule that suits you. This feature not only ensures that you never forget to make a donation, but it also provides a reliable and repeatable source of funding for the charity. Moreover, Daffy offers the flexibility to start your donation on any date, allowing you to align your giving with significant dates or events. In addition to simplifying your giving, Daffy also simplifies your tax filing. Every tax-deductible contribution you make is automatically added to your Daffy contributions report, which is updated throughout the year. This means you never have to search for a charitable donation receipt again. Daffy accepts all types of tax-deductible charitable contributions, including cash, stock, crypto, or existing donor-advised transfers. By making giving easier and more efficient, Daffy aims to close the $1.27 trillion dollar generosity gap and better support organizations and people in need. So, if you're looking to make your charitable giving a habit, consider joining the Daffy community. With Daffy, you can schedule your contributions, consolidate your tax receipts, and lead a more generous life.

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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