The answer is no. As with all donor-advised funds, Daffy members cannot recommend donations to satisfy pre-existing pledges or obligations for their private benefit. This includes payments for items such as tuition, tickets to a gala, or membership benefits to other organizations.
However, this doesn't diminish the value of Daffy as a donor-advised fund (DAF). Daffy is designed to help people be more generous, more often. It offers a simple and transparent membership pricing, charging a flat, monthly membership, and offering high-quality, low-cost investment portfolios. This means more of your money goes to the charities and causes you care about most.
Unlike most DAFs that have high minimum fees and charge a percentage fee based on the amount of money in the fund, Daffy ensures that charities receive 100% of every donation as it doesn't charge them any fees.
Daffy also offers a unique feature called Daffy for Families, which allows you to add your children, grandchildren, siblings, nieces and nephews, and anyone else you consider family to your fund. This makes it a great option for those looking to involve their family in philanthropy.
In conclusion, while you can't use your Daffy fund to pay for personal benefits like a zoo membership, Daffy offers a great platform for you to maximize your charitable giving and make a significant impact on the causes you care about.