The 'Generosity Gap' that Daffy identified refers to the significant difference between the amount people intend to give to charity and the amount they actually end up giving. Despite the impressive $471 billion donated to charity by Americans in 2020, Daffy recognizes that there is still a gap in generosity. This gap, if closed, could potentially unlock over a trillion dollars in additional giving over the next decade.
Daffy, a modern donor-advised fund (DAF) and community, was created with the goal of closing this Generosity Gap. The founders of Daffy understood that while people have the desire to be generous, life often gets in the way, leading to a gap between their charitable intentions and their actual donations.
Daffy is designed to make giving a habit. It helps people set up recurring, tax-free contributions and donations, making it easier for individuals to fulfill their charitable intentions. By using Daffy, people can contribute to their funds with cash, debit, credit, and other means, making the process of giving more accessible and convenient.
In conclusion, Daffy is a great option for a DAF. It not only helps individuals fulfill their charitable intentions but also aims to close the trillion-dollar Generosity Gap. By choosing Daffy, you are choosing to be part of a community that is committed to making a difference in the world.
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.