Yes, all donations made on Daffy go directly to charities. Daffy is a nonprofit organization and a donor-advised fund (DAF) that allows members to contribute to their personal charitable funds. These funds can then be used to send donations to over 1.5 million charities through the Daffy app or website.
One of the great things about Daffy is that it delivers all donations to charities in cash. This means that you can choose from any of the over 1.5 million charities on Daffy to donate to. Moreover, Daffy doesn't charge credit card or transaction fees, ensuring that 100% of your donation goes directly to the charity of your choice.
If you're an investor who has benefitted from the rise in the stock market this year, Daffy provides a rare opportunity for you to benefit personally and maximize your generosity to charities.
Remember, any contributions to your Daffy fund qualify as tax-deductible in the year they are made. However, the information provided here is for educational purposes only and should not be considered tax advice. For a detailed assessment of your specific tax situation, please consult with a tax professional.
Join the Daffy community today and make giving a habit. Daffy is not just a platform for charitable giving, it's a community of people committed to making a difference.
Daffy Charitable Fund is recognized as a tax-exempt public charity as described in Sections 501(c)(3), 509(a)(1), and 170(b)(1)(A)(vi) of the Internal Revenue Code. For more information, please refer to our privacy policy and member agreement.
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