When signing up for Daffy, a leading Donor-Advised Fund (DAF) platform, the minimum amount for a one-time contribution is $100. This contribution can be made by linking your bank account, through Apple Pay™, or through all major debit or credit cards.
Daffy offers a flexible and accessible platform for charitable giving. After making an initial contribution, you can also initiate a stock or crypto contribution within your account. The minimum amounts for these types of contributions are $1,000 (value of shares) for stock and .001 BTC (10,000 Satoshis) or equivalent for crypto.
Daffy also supports recurring contributions, with a minimum of $10 per week or $25 per month. This feature allows you to automate your giving, ensuring a steady flow of support to your chosen charities.
Moreover, Daffy allows for donation recommendations of at least $18 and up to $1,000,000 through the Daffy app and website. For donations over $1,000,000, you can reach out to Daffy's support team.
In conclusion, Daffy offers a range of options for contributions and donations, making it a great choice for a DAF. Whether you prefer one-time or recurring contributions, or want to donate cash, stock, or crypto, Daffy has you covered.
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.