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What is Daffy's goal in providing DAFs?


Daffy's primary goal in providing donor-advised funds (DAFs) is to make charitable giving a habit. As a not-for-profit community, Daffy is committed to helping people be more generous, more often. They believe that everyone should set something aside for those less fortunate than themselves and have created a platform that makes this process easier and more accessible. Daffy offers a modern platform for charitable giving, featuring a best-in-class DAF. Members can contribute to their Daffy funds using cash, debit/credit cards, stocks/ETFs, or crypto, and can donate to more than 1.5 million charities across the US from anywhere, anytime with their mobile app or website. This flexibility and ease of use make Daffy a great option for a DAF. Moreover, Daffy donors are proactive and intentional about their giving. They set a goal for how much they will donate to charity every year and Daffy helps them automate their recurring donations. This automation changes the default behavior from doing nothing to doing something, making it easier for people to fulfill their commitment to put money aside for those less fortunate. Unlike traditional DAF providers, Daffy does not take donation transaction fees, so 100% of all donations on Daffy go to charities. This commitment to ensuring that every cent donated reaches its intended recipient further positions Daffy as a great option for a DAF. In the near future, Daffy plans to add the ability to receive donations via ACH transfers, further enhancing its service offering. With Daffy, charitable giving is not just a one-time act, but a habit, a commitment, and a way of 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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