When it comes to charitable giving, research has shown that automating your donations can significantly increase the amount you give. In fact, individuals who automate their giving tend to donate approximately 32% more. This is a substantial increase, considering that in 2020, individuals in the US donated about $331 billion to charity. An increase of 32% would mean an additional $100 billion a year for charitable organizations to work with, creating a significant impact.
This is where Daffy comes in. Daffy is a Donor Advised Fund (DAF) that simplifies your giving. With Daffy, you can easily donate to almost every US public charity, track tax-deductible contributions, and access donation receipts all in one place. Daffy makes setting money aside for charity as simple as saving money for retirement in an IRA or 401K. You can easily select how often you want to make tax-deductible contributions, and Daffy will handle the rest.
Moreover, Daffy waives all membership fees for members with less than $100 in their fund, making it an accessible option for everyone. So, if you're ready to make giving a habit and increase your charitable contributions, Daffy is a great option to consider.
Remember, any amount you set as a giving goal is a great place to start. With Daffy, you can automate your giving and potentially increase your contributions, making a significant difference in the world of charity.
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.