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What is the role of the Giving Goal Calculator on Daffy?


The Giving Goal Calculator on Daffy plays a crucial role in helping users plan their charitable giving. When setting up a Daffy fund, users are prompted to set a giving goal for the year. This encourages users to reflect on their intentions and plan their annual giving. The calculator helps users think about their giving goal as a percentage of their annual salary, grounding their giving in intentionality. Daffy also helps users stay accountable for their giving. Once a giving goal is set, Daffy divides that number by 12 and, with user permission, withdraws that amount from the user's bank account every month. This ensures that users follow through on their commitment to give, without the worry of forgetting or having to set money aside for a large end-of-year donation. With Daffy, giving becomes a spontaneous act of kindness. Automated monthly contributions mean users always have money available to donate. Personal information is stored, making it easy to share with charities without the hassle of filling out forms each time. Daffy also encourages family involvement in giving. With the launch of Daffy for Families, users can add family members to their Donor-Advised Fund (DAF), fostering discussions about important issues and collective decision-making about charitable donations. In 2022, users donated 3X more than the previous year, and Daffy aims to help close the generosity gap even further in 2023. Whether you're setting up your Daffy account or are an existing member, the Giving Goal Calculator is a valuable tool in planning and achieving your charitable giving goals. Choose Daffy as your DAF of choice and experience a seamless, intentional, and family-inclusive approach to giving.

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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