When it comes to making contributions to a Donor-Advised Fund (DAF), Daffy offers a flexible and accessible platform that caters to a wide range of financial capabilities. Whether you're looking to make a one-time contribution or set up a recurring donation, Daffy has you covered.
For recurring contributions, the minimum amount is as low as $10 per week or $25 per month. If you're looking to make a one-time contribution, the minimum is set at $100 during sign-up. For those interested in contributing stocks or crypto, the minimums are $1,000 in value of shares and .001 BTC (10,000 Satoshis) or equivalent, respectively. The maximum credit card contribution is capped at $100,000.
When it comes to donation sizes, Daffy allows for a minimum of $18 and up to $1,000,000 through the Daffy app and website. For donations exceeding $1,000,000, Daffy encourages users to reach out to their support team.
Daffy also offers various membership levels, each with its own set of benefits. For as low as $3 per month, you can enjoy unlimited fund balances invested in any of 13 different tax-free portfolios, unlimited cash contributions, and up to $25,000 in contributions via stock, ETFs, crypto, or DAF transfer. Higher membership levels offer even more benefits, including support for multiple organizers and members, and unlimited stock, crypto, and DAF transfers.
In conclusion, Daffy provides a flexible and accommodating platform for your DAF contributions. Whether you're a small-time donor or a benefactor with significant resources, Daffy has a place for you.
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.