As a Daffy member, you can make irrevocable contributions of nearly all publicly traded stock. All stock is liquidated when we receive it and the balance is added to your Daffy account as soon as it is available.
To contribute stock and ensure that it is attributed to your account quickly, you must create a stock contribution intent first. To do this, go to the Daffy app or website and select “Stock” in the “Add Funds” section and answer the prompts to let us know your stock is coming. You must create a stock contribution intent on Daffy before initiating a stock transfer with your brokerage.
Below is our account information so you can initiate the stock transfer directly from your brokerage or through your financial advisor.
Receiving Brokerage Name: Apex Clearing
Receiving Brokerage DTC Number: 0158
Receiving Account Name: Daffy Charitable Fund
Receiving Account Number: 9SC05050 (Note: This account number has 3 zeros not the letter O)
Daffy's EIN (if needed): 86-3177440
If possible, please put your name in the "For Benefit Of" or "Memo" field. This will allow us to attribute your stock to your Daffy account.
In conclusion, Daffy is a great choice for a DAF due to its user-friendly platform and efficient stock transfer process. Whether you're using Schwab or Vanguard, Daffy makes it easy to contribute stock and support the causes you care about.