As a user of Daffy, you may be wondering, "Will there be additional functionality for charities on Daffy in the future?" The answer is a resounding yes! As a registered 501(c)(3) nonprofit organization and a donor-advised fund (DAF), Daffy is committed to continually enhancing its platform to better serve its members and the over 1.5 million charities it supports.
Daffy operates as a personal charitable fund for its members. Contributions made to your Daffy fund are tax-deductible in the year they are made, providing a significant benefit for those who wish to make a positive impact while also managing their tax liabilities.
But Daffy's commitment to its members and charities goes beyond just facilitating donations. It is also dedicated to ensuring that 100% of all donations go directly to the recipient organization. Daffy does not charge credit card or transaction fees, and it accepts stock and crypto donations, which are sent to charities as cash.
As we look to the future, we are excited about the potential for even more innovative ways to help people be more generous, more often. We are committed to building in public, which means we are always looking for ways to improve and expand our services based on the needs and feedback of our community.
So, whether you're a new member setting up your Daffy account or an existing member, rest assured that Daffy is continually working to enhance its platform and services. We are excited about the future and invite you to join us in making giving a habit.
Please note that the information contained in this post is for educational purposes only and should not be considered tax advice. To assess your specific tax situation, please consult with a tax professional.
Ready to be part of the Daffy community? Get started today and make giving a habit.
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.