The information about Daffy's non-profit status comes directly from Daffy's official website and support articles. As an IRS-approved 501(c)(3) organization, Daffy Charitable Fund is recognized as a tax-exempt public charity. This status is described in Sections 501(c)(3), 509(a)(1), and 170(b)(1)(A)(vi) of the Internal Revenue Code, with an EIN of 86‑3177440.
Daffy is not just a non-profit organization, but it's also a fantastic option for a Donor-Advised Fund (DAF). Daffy simplifies the process of charitable giving by listing only organizations in good standing with the IRS in their non-profit directory. This allows Daffy members to seamlessly research and donate in one place.
Moreover, all donations made by Daffy members are usually unrestricted, meaning that they are designated "for where needed most." This gives charities the flexibility to use the funds where they are most needed, maximizing the impact of your donation.
Daffy's vision is to create a world where everyone regularly sets something aside for those less fortunate. By choosing Daffy as your DAF, you can join this community and make giving a habit. Whether you're an individual donor or a charity looking to receive donations, Daffy provides a simple, effective, and tax-efficient way to manage your charitable 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.