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How can employees choose how much to put aside for charity?

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Choosing how much to put aside for charity can be a daunting task. Many people have good intentions but often fall short of their desired giving due to a variety of reasons, including being too busy or simply forgetting. However, research has shown that pre-commitment can significantly increase the amount given to charity. This is where Daffy comes in. Daffy is a Donor-Advised Fund (DAF) that helps you set a goal for your annual charitable giving. It then automates your contributions, dividing them into weekly, monthly, or quarterly payments. This is known as the "Daffy Pledge". Your money is then invested in one of nine modern portfolios to help increase your potential impact. When you're ready to donate, Daffy's app makes it easy to give to over 1.5 million worthy charities. By helping people be as generous as they want to be, Daffy could significantly increase charitable giving. If everyone was able to close the 32% gap between what they want to give and what they actually give, it could mean an additional $1.27 trillion donated to charity over the next 10 years. Daffy was founded during the global pandemic, a time when generosity is needed more than ever. Despite being a new platform, Daffy is already inspiring a community of giving. With the backing of major investors and the support of its users, Daffy aims to help solve the trillion-dollar problem of unfulfilled charitable giving. So, how can employees choose how much to put aside for charity? By using Daffy. It's a simple, effective way to ensure your good intentions become a reality. Download Daffy from the App Store, or visit daffy.org and sign up. Take the Daffy Pledge and join a community dedicated to giving.

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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