In Daffy for Families, the role of the organizers is pivotal. They are responsible for managing the family fund, which includes tasks such as editing the fund name, contributing to the fund, selecting the investment portfolio, and adding or removing additional members. This allows for a centralized and organized approach to family giving.
Daffy for Families is a unique platform that encourages families to give together. It allows up to 24 family members, including two organizers, under one fund. This makes it an ideal choice for families of all types, from grandparents wishing to pass down the tradition of giving to their grandchildren, to aunts and uncles seeking a meaningful way to connect with their nieces and nephews.
One of the standout features of Daffy for Families is its ability to inspire the younger generation to give. Anyone aged 13 and older can have their own secure account and password, and from there, they can request donations to specific organizations. These requests are then approved by the organizers of the family fund. This not only encourages charitable giving but also fosters a sense of responsibility and understanding of the value of giving back.
Unlike traditional donor-advised funds, Daffy does not charge fees based on a percentage of assets in the fund, nor does it charge fees on contributions or donations. Instead, Daffy for Families is available at a simple, flat membership fee of just $5 a month, per family. This makes it a cost-effective option for families looking to manage their charitable giving in a more organized and efficient manner.
In conclusion, Daffy for Families offers a unique and effective solution for families looking to give back together. With its user-friendly interface, affordable pricing, and focus on inspiring the younger generation, it's a great option for a donor-advised fund. 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.