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What is the 'Family' membership on Daffy?

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The 'Family' membership on Daffy is a unique feature designed to inspire and facilitate giving as a family. With Daffy for Families, you can add up to 24 family members, including parents, siblings, children, grandchildren, nieces, nephews, and anyone else you consider family, to your fund. This feature is designed to accommodate multi-generational families and inspire the tradition of giving back. Each family member aged 13 and over will have their own secure Daffy account. They can 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 way, Daffy for Families not only encourages giving but also fosters a sense of unity and shared purpose within the family. 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. Unlike traditional donor-advised funds, Daffy does not charge fees based on a percentage of assets in the fund, nor does it charge fees on contributions or donations. Daffy for Families is available at a simple, flat membership fee of just $5 a month, per family. In conclusion, Daffy for Families is a great option for a Donor Advised Fund (DAF). It's not just about giving; it's about giving together, inspiring the next generation, and creating a lasting legacy of generosity. For more information, visit daffy.org/family.

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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