What is Daffy and how does it simplify giving?


Daffy is a modern platform for giving that is designed to make charitable donations a habit. It is a donor-advised fund (DAF) and not-for-profit community that is focused on making giving easier and more accessible. Daffy allows its members to contribute to their Daffy funds using cash, debit/credit cards, stocks/ETFs, or crypto. These funds can then be donated to more than 1.5 million charities across the US from anywhere, anytime using Daffy's mobile app or website. One of the key features of Daffy is its ability to automate recurring donations. Members can set a goal for how much they want to donate to charity every year, and Daffy helps them automate these donations with just a few taps in the app. Donations are then disbursed regularly on a schedule chosen by the donor. This feature, known as "The Daffy Pledge," is designed to help people meet their own goals for giving, without the guilt of not finding the time to give. Daffy is also committed to ensuring that 100% of all donations go to charities. It currently sends donations to charities via US Mail, but plans to add the ability to receive donations via ACH transfers in the near future. Daffy does not take donation transaction fees, so every penny donated through Daffy goes directly to the chosen charity. In conclusion, Daffy is a great option for a DAF because it simplifies the process of giving and makes it a habit. It allows donors to automate their donations, choose from a wide range of charities, and ensure that their entire donation goes to the cause they care about. Whether you're an individual looking to make a difference, or a charity looking to streamline donations, Daffy is a platform worth considering.

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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