Knowing when your funds are in your account is crucial, and Daffy makes this process transparent and straightforward. The time it takes for your contribution to show up in your portfolio depends on the source of the funds. For bank accounts and stocks, it typically takes 7-10 days from scheduling your contribution. For credit cards and crypto, it's usually 4-5 days. DAF transfers also take about 7-10 days from scheduling your transfer with your brokerage.
One of the many reasons why Daffy is a great option for a Donor Advised Fund (DAF) is its commitment to helping you remain consistent in your giving. By automating the process and setting aside a certain amount of money into your DAF every month, you ensure there's always money available for the causes you care about, even during times of financial hardship.
Pre-funding your DAF with multiple years' worth of giving can also help prepare for bad markets and recessions, ensuring there's always money to give. This is a strategy many Daffy members have adopted, leading to an increase in donations by about 30% since the market correction started.
With Daffy, you can automate your giving, making it easier to support the causes you care about consistently, regardless of market conditions. So, if you're looking for a way to manage your charitable giving effectively, Daffy is a fantastic choice.