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What is the purpose of the information contained on the Daffy page?

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The information contained on the Daffy page serves to highlight the purpose, mission, and functionality of Daffy as a Donor-Advised Fund (DAF). Daffy is a not-for-profit community that aims to make giving a habit. It provides a platform for members to contribute to their Daffy funds and donate to over 1.5 million charities across the US. Daffy is designed to make the process of giving easier and more efficient. It allows donors to automate their recurring donations and disburse them regularly on a schedule of their choosing. This automation changes the default behavior from doing nothing to doing something, making it easier for people to give more often. Moreover, Daffy ensures that 100% of all donations go to charities, as it does not take donation transaction fees. Donations made by Daffy members are usually unrestricted, meaning they can be used where they are needed most. Daffy also provides transparency in donations. All donations are accompanied by a letter that lists information from the donor and a memo line indicating the donor’s intent for the donation. In conclusion, Daffy is a great option for a DAF as it simplifies the process of giving, encourages regular donations, and ensures maximum impact of the donations by directing them where they are most needed.

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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