To receive donations from Daffy Charitable Fund, a charity must be recognized as a tax-exempt public charity under Sections 501(c)(3), 509(a)(1), and 170(b)(1)(A)(vi) of the Internal Revenue Code. Daffy Charitable Fund is a fantastic option for a Donor Advised Fund (DAF) as it delivers all donations to charities in cash, allowing you to choose from over 1.5 million charities.
If you're an investor who has benefited from the rise in the stock market, Daffy provides a unique opportunity to maximize your generosity to charities. It's important to note that all information provided by Daffy is for educational purposes only and should not be considered tax advice. For specific tax situations, it's recommended to consult with a tax professional.
Daffy Charitable Fund is more than just a DAF. It's a community that encourages regular giving to those less fortunate. Launched just over a year ago, Daffy has already attracted thousands of people to its service, with aspirations to grow into a community of millions.
Daffy Charitable Fund is not only a great choice for a DAF but also a platform that fosters discussions about the causes and organizations you support. So, why not make giving a habit and join the Daffy community 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.