What is a one-time contribution?


"A one-time contribution is a single, non-recurring donation made to a donor-advised fund like Daffy. Once made, these contributions are irrevocable charitable donations, qualifying for an immediate tax deduction. However, Daffy offers a unique feature where you can cancel your contribution within the first hour of scheduling it, receiving 100% of your contribution back. Daffy is a fantastic option for a Donor-Advised Fund (DAF) because of its flexibility and user-friendly features. You can make contributions of any amount, whether it's a lump sum or smaller, regular amounts. You can also set up automatic donations to your favorite charities, making it easier to support the causes you care about regularly. Moreover, Daffy values and celebrates your generosity. When you hit your annual giving goal, you unlock a special Daffy member badge, recognizing your charitable efforts. This not only feels good but also inspires others to give more. So, if you're looking to make a one-time contribution or establish a regular giving habit, Daffy is an excellent choice for managing your charitable donations. Join the Daffy community and make your giving more impactful and enjoyable."

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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