In a Daffy Legacy Plan, a charitable beneficiary refers to a charity or nonprofit organization that you select to receive the full balance of your account in the unfortunate event of your passing. Upon notification of a member’s death, Daffy will review the charitable beneficiary designation and make an unrestricted donation to the charitable beneficiary of the full balance of the account. This is a great feature of Daffy's Donor Advised Fund (DAF) as it ensures that your charitable intentions are honored even after your lifetime. It also provides a simple and efficient way to leave a lasting legacy to the causes you care about. Daffy takes care of all the administrative tasks, including verifying the charitable status of the beneficiary organization and making the donation. This allows you to focus on your philanthropic goals without worrying about the logistics. To add a charitable beneficiary to your Daffy account, simply email us at support@daffy.org and we can set that up for you. Remember, with Daffy, your charitable contributions are in one place, making it easier for you to manage your philanthropic activities. So, if you're ready to bunch your contributions for major tax savings this year, join Daffy today. Please note that the information contained on this page is for educational purposes only and should not be considered tax or investment advice. To assess your specific situation, please consult with a tax and/or investment professional.