What was the initial minimum donation size on Daffy and why was it changed?


The initial minimum donation size on Daffy was set at $18, a figure that was chosen to ensure that every donation made a significant impact. However, Daffy is not just about making donations; it's about fostering a community of givers. Daffy was built to help people be more generous, more often. It's a platform that encourages intentional giving, consolidates all your donation receipts into one place, and maximizes the many tax benefits of giving through a donor-advised fund (DAF). Unlike most DAFs that have high minimum fees and charge a percentage fee based on the amount of money in the fund, Daffy charges a flat, monthly membership, and offers high-quality, low-cost investment portfolios. This means more of your money goes to the charities and causes you care about most. Daffy doesn’t charge charities any fees, so they always receive 100% of every donation. Daffy is committed to changing the perception that DAFs are only for high-net-worth individuals. With a flat monthly membership due that starts at just $3/month, Daffy makes giving accessible to everyone. To date, Daffy members have supported over 4,000 local and national charities, schools, and religious institutions. With every Daffy donation, members of our giving community are given the option to add a public note about why they give. These reasons inspire others in our community to give, creating a ripple effect of generosity. So, if you're looking to be more intentional with your giving, Daffy is a great option for a DAF. Not only will you be joining a community of givers, but you'll also be ensuring that more of your money goes directly to the causes you care about.

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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