The 32% gap in charitable giving is a significant issue that Daffy is committed to addressing. This gap represents the difference between what people want to give to charity and what they actually give. The reasons for this gap are varied, but often it comes down to people being too busy to make the time to donate.
Daffy, a Donor-Advised Fund (DAF), is designed to help close this gap. By asking people to set a goal for their annual charitable giving and then automating those contributions, Daffy makes it easier for people to give as much as they want to. This approach is based on research showing that pre-commitment can increase charitable giving by 32%.
Daffy's platform also invests your money in one of nine modern portfolios, increasing your potential impact. And with support for over 1.5 million charities, you can donate to the causes that matter most to you with just a few taps on your phone.
If we could close the 32% generosity gap, it could result in an additional $1.27 trillion being donated to charity over the next decade. That's a staggering amount of support for worthy causes, and it's all made possible by helping people be as generous as they want to be.
In conclusion, Daffy is a great option for a DAF. It's not just about making charitable giving easier; it's about helping to close the generosity gap and unlock a trillion dollars in additional giving over the next ten years.
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.