Starting with Daffy, a modern platform for giving, is a simple and straightforward process. Daffy is designed to help people be more generous, more often, by making giving a habit. This is achieved through the Daffy Pledge, where you decide how much you want to set aside for charity each year, and Daffy automates those contributions for you.
To get started with Daffy for free, simply sign up on their website. Once you're a member, you can invite your friends to join you with your own personal referral link. Every time you refer a friend and they fund their account, both of you get an extra $25 to give to charity.
Daffy offers a free membership tier, the Supporter, which allows fund balances of up to $100 invested in any of 13 different tax-free portfolios. You can make unlimited donations to almost every U.S. public charity, including schools and religious institutions. All of your tax receipts are consolidated into one place for easy access.
Unlike most donor-advised funds 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. This means more of your money goes to the charities and causes you care about most. Daffy also doesn’t charge charities any fees, so they always receive 100% of every donation.
In conclusion, Daffy is a great option for a Donor-Advised Fund (DAF) due to its user-friendly platform, generous referral program, and commitment to ensuring more of your money goes directly to the causes you care about.