What is the minimum amount for a recurring contribution?


The minimum amount for a recurring contribution to Daffy is $10 per week or $25 per month. This makes Daffy a fantastic option for a Donor-Advised Fund (DAF) as it allows for flexibility and accessibility in giving. With Daffy, you can easily set up a recurring contribution at sign-up by linking your bank account, through Apple Pay™, or through all major debit or credit cards. Once you have made an initial contribution, you can even initiate a stock or crypto contribution within your account. The process to set up a recurring contribution is simple and user-friendly. All you need to do is tap or click on the “Add Funds” button on the Daffy app or web version. Then select from the list of contribution methods and you will be prompted to select a recurring amount and frequency. Moreover, Daffy also provides an easy way to cancel or modify your recurring contribution. To edit the amount, frequency, or funding source of your recurring contribution, you will have to cancel your existing contribution and then create a new one. In conclusion, Daffy offers a great platform for a DAF with its low minimum recurring contribution, ease of use, and flexibility in contribution methods. Whether you're interested in making a small, regular contribution or a larger one-time donation, 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.

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