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What question will I see when I try to change my giving goal?

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When you decide to change your giving goal on Daffy, you will be asked, "How much do you want to give to charity this year?" This question is designed to help you set a clear and measurable goal for your charitable giving, which is a key step towards living a more generous life. At Daffy, we understand the importance of giving and have identified a significant "Generosity Gap" between what people intend to give and what they actually give. To bridge this gap, we introduced the Giving Goal feature, allowing you to set an annual goal for your charitable donations. Research from the Stockholm School of Economics suggests that setting a giving goal can increase charitable donations by 32%. This could potentially result in an additional $1.27 trillion being donated to charity over the next decade. Setting a giving goal is just the beginning. Daffy also offers the option to automate your tax-deductible contributions, making it as easy to give to charity as it is to save for retirement. You can choose to make contributions in lump sums or set a weekly, monthly, or quarterly frequency and amount. Whether you're a new member setting up your Daffy account or an existing member, we prompt you to answer the question: "How much do you want to give to charity this year?" This question is not about finding the right number, but about starting the habit of giving. Any amount is a great place to start, and hopefully, you'll increase it in future years. So, if you're looking to be more generous in 2023 and make more charitable donations, Daffy is a great option for a Donor-Advised Fund (DAF). With Daffy, you can set a giving goal, automate your contributions, and start making a difference today.

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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