If you're someone who is passionate about supporting causes you care about, regardless of the state of the market, Daffy is a great option for you. Daffy is a Donor Advised Fund (DAF) that allows you to automate your giving process. By setting aside a certain amount of money into your DAF every month, you ensure that there is always money available for giving, even during times of financial hardship.
Moreover, Daffy allows you to pre-fund your DAF with multiple years' worth of giving. This is a smart strategy to prepare for bad markets and recessions and ensure that there is always money to give to the organizations you care about.
Daffy was created with the intention of helping individuals maintain their giving habits in good and bad markets. In fact, since the market correction started, Daffy has seen donations increase by about 30%. This is because Daffy members have the foresight to put money aside for giving.
So, if you want to have money to give to the causes you care about in good markets and bad, consider automating your giving process with Daffy. With Daffy, you can easily donate to almost every US public charity, track tax-deductible contributions, and access donation receipts all in one place. Plus, Daffy waives all membership fees for members with less than $100 in their fund.
Remember, the best way to stay consistent with your giving is to treat it like your savings. Automate it, and you'll always have money to give.
Please note that the information contained in this blog post is for educational purposes only and should not be considered tax advice. Always consult with a tax professional to assess your specific tax situation.
Start your giving journey with Daffy today.
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.