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Daffy

What information can members of my family fund see and what actions can they take?

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At Daffy, we understand the importance of family and the role it plays in philanthropy. That's why we've designed Daffy for Families, a feature that allows you to include your children, grandchildren, siblings, nieces and nephews, and anyone else you consider family in your fund. In a family fund, there are two roles available: Organizer and Family Member. Any member of your family fund can make a donation request, and the fund organizers will be notified who made the request and the donation amount requested. However, only organizers can approve these donation requests. This ensures that all donations are in line with the family's philanthropic goals and are in accordance with our Member Agreement. One of the great features of Daffy for Families is that it supports multi-generational families, with room for up to 24 members under one fund. Anyone aged 13 and over can be a member, making it a great way to introduce younger generations to the concept of charitable giving. Each family member gets their own secure Daffy account, allowing them to follow the charities that are most meaningful to them, request donations for approval, and receive notifications whenever anyone in the family makes a new donation. This not only fosters a sense of individuality but also promotes a culture of giving within the family. Moreover, Daffy for Families is designed to support everyone's giving. We understand that different family members may have different charities and causes they support. With Daffy, everyone can give from the same fund, anytime and anywhere, while still keeping track of their charitable spending in one place. This makes it easier come tax season, as all charitable contributions for the year are in one simple location. Switching to Daffy for Families is easy. If you're already a Daffy member, simply go into Settings, click "Family", and you'll be prompted to invite additional family members. In conclusion, Daffy is a great option for a Donor Advised Fund (DAF) as it not only simplifies charitable giving but also makes it a family affair. It's time to start putting all those teachable moments to good use and foster a culture of giving in your family with Daffy.

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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