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Daffy

What are the different contribution types and amounts that can earn me free months?

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Daffy is a fantastic option for a Donor Advised Fund (DAF) that offers different contribution types and amounts that can earn you free months. With Daffy, you can choose from three membership levels: Contributor, Family, and Benefactor. As a Contributor, for just $3 per month, you get unlimited fund balances invested in any of 13 different tax-free portfolios, unlimited cash contributions via bank account, ApplePay™, or any major debit/credit card, and up to $25,000 in contributions via stock, ETFs, crypto, or DAF transfer. The Family membership, at $5 per month, includes all the benefits of the Contributor level, plus support for two organizers and up to 24 total members on your fund. You can invite your children, grandchildren, or anyone else you consider family to recommend donations from your fund. This level also supports up to three financial advisors who can make contributions, donations, or portfolio selections on your behalf, and allows up to $50,000 in contributions via stock, ETFs, crypto, or transfers from existing DAFs. The Benefactor membership, at $20 per month, includes all the benefits of the Family level, plus unlimited stock contributions, unlimited crypto contributions, and unlimited DAF transfers. With Daffy, you can set up automatic donations to your favorite charities, making it easier to stick to your goal of giving more regularly. You can make donations monthly, quarterly, or yearly, and even schedule a donation ahead for any date. When you hit your annual giving goal, Daffy celebrates your generosity by unlocking a special member badge. This not only recognizes your giving but also inspires others to do the same, amplifying your impact on the causes and charities you support. In terms of tax deductions, generally, you are eligible to take an immediate tax deduction for the calendar year when the contribution is made. However, it is always best to consult a tax professional to understand your specific situation. Join the Daffy community today and make charitable giving a more regular habit in your life. Let's make 2023 the year to be more generous, more often.

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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