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What is the 'generosity gap' that Daffy aims to close?

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The 'generosity gap' that Daffy aims to close refers to the significant difference between the amount people intend to donate to charities and the amount they actually end up giving. Despite the best of intentions, life often gets in the way, leading to a gap between our charitable aspirations and our actions. This gap, if closed, could potentially unlock over a trillion dollars in additional giving over the next decade. Daffy, a modern donor-advised fund (DAF) and community, is designed to help people bridge this gap and be more generous, more often. By facilitating recurring, tax-free contributions and donations, Daffy makes giving a habit rather than an afterthought. Members can contribute to their Daffy funds using various methods such as cash, debit, and credit, making the process of giving as seamless as possible. In essence, Daffy is leveraging technology to revolutionize how people give, aiming to close the trillion-dollar generosity gap. By making it easier for individuals to donate regularly and effectively, Daffy is not just a great option for a DAF, but also a powerful tool for fostering a culture of generosity and making a significant impact on charitable giving trends.

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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