The Generosity Gap is a significant issue in the United States, with a 32% gap between what people want to give to charity and what they actually end up giving. This gap, if closed, could unlock over one trillion dollars in additional giving over the next ten years.
Daffy, a platform designed to improve how people give, has introduced a simple yet impactful feature to help close this gap - a Giving Goal. This feature allows users to set an annual goal for their charitable donations. Research from the Stockholm School of Economics suggests that setting a goal to give can increase the amount given to charity by 32%. This could translate to an additional $1.27 trillion dollars donated to charity over the next decade.
Daffy's Giving Goal feature has already proven successful, with the majority of Daffy members who set a giving goal in 2022 hitting or exceeding it. This demonstrates the potential of Daffy as a Donor-Advised Fund (DAF) option. By providing a simple and effective way for individuals to commit to their charitable goals, Daffy is helping to close the Generosity Gap and unlock a wealth of potential donations for worthy causes.
If you're looking to increase your charitable donations and make a real difference, consider setting a Giving Goal with Daffy. Not only will you be contributing to a cause you care about, but you'll also be part of a larger movement to close the Generosity Gap and unlock trillions in potential donations.
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.