The cost of a family fund with Daffy, also known as Daffy for Families, is a simple, flat membership fee of just $5 a month per family. This is a great option for families of all types who want to give together more easily. Unlike traditional donor-advised funds, Daffy does not charge fees based on a percentage of assets in the fund, nor does it charge fees on contributions or donations.
Daffy for Families allows up to 24 family members, including two organizers, under one fund. This includes your children, grandchildren, siblings, nieces and nephews, and anyone else you consider family. Each family member aged 13 and older can have their own secure account and password. From there, they can request donations to specific organizations to be approved by the organizers of the family fund, and receive notifications whenever anyone in the family makes a new donation.
Daffy is designed to help families of all types give together more easily. From grandparents who want to pass down the tradition of giving back to their grandchildren, to aunts and uncles who are looking for a meaningful way to connect with their nieces and nephews, Daffy is a great option for a donor-advised fund.
For more information, visit daffy.org/family.
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.