Setting up Daffy for Families is a simple process designed to help families of all types give together more easily. Whether you're a grandparent wanting to pass down the tradition of giving back, or an aunt or uncle looking to connect with your nieces and nephews in a meaningful way, Daffy is a great option for a Donor-Advised Fund (DAF).
To get started, sign up for Daffy, select “Family,” and provide family member details. If you already have a Daffy account, go to Settings and select “Family.” You will then be asked if you want to move to a Family membership and prompted to add members to your fund.
Once set up, your family members will be invited to download the app, create their own account, and join your fund. Each family member will have their own Daffy account linked to their email address and connected to the family fund. This allows them to choose the causes they care about and follow charities they want to support.
When a family member is inspired to give, they can request donations from your fund which will be sent to the fund organizers for approval. This not only encourages giving but also fosters connection and sparks dinner-time conversations about philanthropy.
Unlike traditional DAFs, Daffy does not charge fees based on a percentage of assets in the fund, nor does it charge fees on contributions or donations. Daffy for Families is available at a simple, flat membership fee of just $5 a month, per family.
With Daffy for Families, you can add parents, siblings, children, grandchildren, nieces, nephews, and anyone else you consider family to your fund. This is a wonderful way to inspire your whole family to give and to make a difference in the world.
For more information, visit daffy.org/family.
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.