What is the Daffy Charitable Fund and how is it related to the article?


The Daffy Charitable Fund is a not-for-profit community that aims to help people be more generous, more often. It operates as a Donor-Advised Fund (DAF), a type of giving program that allows you to combine the most favorable tax benefits with the flexibility to easily support your favorite charities. Daffy's mission is to change the default behavior of people from doing nothing to doing something for those less fortunate. It provides a platform where you can find organizations and causes you care about and recommend donations to over 1.5 million charities in the US, right from your iPhone. This makes the process of giving easier and more accessible, encouraging more people to set something aside for those in need. Daffy is recognized as a tax-exempt public charity, meaning that your donations are tax-deductible. It also offers the convenience of never losing a donation receipt again, as all transactions are recorded and easily accessible. In just over a year since its launch, Daffy has already attracted thousands of members who are committed to making a difference. But the vision is much bigger - a world where everyone regularly puts something aside for those less fortunate. If you're considering a DAF, Daffy is a great option. It's not just about making donations, it's about becoming part of a community that values generosity and aims to make a real difference in the world. So why not join us and make giving a habit?

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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