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What are the benefits of using Daffy for a DAF?

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Choosing Daffy for your Donor-Advised Fund (DAF) comes with a plethora of benefits. As a modern DAF and community, Daffy is designed to encourage generosity more frequently. Members can set annual giving goals and automate their donations through our user-friendly app and website. One of the key benefits of using Daffy is that 100% of all donations made go directly to charities. Unlike other platforms, Daffy does not charge a transaction fee. Instead, our members pay monthly fees to support the development and operation of our unique DAF. Daffy also simplifies complex asset giving. Through our platform, your charity can receive donations of stock and crypto without the need to set up a brokerage account or crypto wallet. Importantly, charities pay zero fees for these types of donations. We understand the importance of tax receipts for donors, and that's why Daffy provides automated tax receipts, relieving your organization of this task. Unlike traditional DAF providers, we aren’t incentivized to keep contributions in our members’ accounts. Daffy requires a minimum annual donation from all our members. What sets Daffy apart from other DAFs is our not-for-profit community built around a new, modern platform for giving. We offer a mobile-first approach and a modern investment approach with 13 unique investment portfolios to match your priorities. Any investment gains are tax-free and increase your giving potential to support the causes you care about. With Daffy, you can set a giving goal and track your progress throughout the year, link your bank account or debit/credit card to automatically set money aside for charity, and make donation recommendations directly from our iOS app. You can also contribute to your Daffy fund with your bank account, Apple Pay™, all major debit or credit cards, most publicly-traded stock, over 120+ cryptocurrencies, or even transfer an existing donor-advised fund to Daffy. Daffy also allows you to add family members to your DAF to experience giving together and even add your financial advisor to incorporate charitable giving into your larger financial plans. By choosing Daffy, you join a community of thousands who are all working to make the world a better place. Unlike traditional donor-advised funds, Daffy does not charge based on a percentage of assets in the fund. This makes Daffy a cost-effective and efficient choice for your DAF needs.

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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