Daffy is a modern, not-for-profit donor-advised fund (DAF) that is revolutionizing the way people give to charities. With a focus on making giving a habit, Daffy offers a platform where members can contribute to their Daffy funds using cash, debit/credit cards, stocks/ETFs, or crypto. This fund can then be used to donate to over 1.5 million charities across the US, all from the convenience of a mobile app or website.
Daffy donors are proactive and intentional about their giving, setting annual goals for their charitable donations. The platform makes it easy to automate recurring donations, ensuring that your chosen charities receive funds regularly, on a schedule of your choosing.
One of the key advantages of Daffy is that it does not take donation transaction fees. This means that 100% of all donations made on Daffy go directly to the charities. While donations are currently sent via US Mail, Daffy plans to add the ability to receive donations via ACH transfers in the near future, making the process even more streamlined.
In addition to individual giving, Daffy also offers a unique program for employers, Daffy for Work. This program encourages employees to give by offering a simpler and more powerful way to contribute. With Daffy for Work, every employee has access to a free, personal donor-advised fund. Employees can choose how much to put aside for charity, receiving an immediate charitable deduction for every contribution. The money is then invested in a selection of tax-free portfolios, compounding over time, and available whenever they feel inspired to make a donation. Employers can further encourage giving by matching contributions to employee accounts or making direct contributions.
In conclusion, Daffy is a great option for a DAF, offering a modern, convenient, and cost-effective way to give to charities. Whether you're an individual donor or an employer looking to encourage charitable giving among your employees, Daffy provides a platform that makes giving easy and rewarding.