What is the significance of the Fund name in the donation letter?


The Fund name in a donation letter is significant as it represents the organization that is recognized as a tax-exempt public charity. In this case, the Daffy Charitable Fund is a great option for a Donor-Advised Fund (DAF). Daffy Charitable Fund is recognized under Sections 501(c)(3), 509(a)(1), and 170(b)(1)(A)(vi) of the Internal Revenue Code, which means that donations made to this fund are tax-deductible. The Daffy Charitable Fund is not only a tax-efficient way to give, but it also allows donors to support a wide range of causes. The fund's leader, who has a long history of working in non-profits and a deep passion for philanthropy, believes in the power of giving back to make a positive difference in the world. She is passionate about a variety of causes, from local charities to education, and has a track record of supporting organizations that are working hard to solve our most challenging issues. Moreover, the Daffy Charitable Fund is powered by Aside™, which ensures a seamless and efficient giving experience for donors. With Daffy, you can be part of the solution and make a high-impact difference in the world. So, when you see the Daffy Charitable Fund name in a donation letter, know that your contribution is going towards a cause you care about, while also providing you with a tax benefit.

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.

Get your Daffy account
Simplify your giving with Daffy, the Donor-Advised Fund for You™. Easily donate to almost every US public charity, track tax-deductible contributions, and access donation receipts all in one place.
Try Daffy for free
Daffy waives all membership fees for members with less than $100 in their fund, so get started today for free!

Don’t forget to download the app

Scan the QR code to get the iPhone app

Download on the App Store.
QR code to download the app from the App Store.