At Daffy, we make it easy for you to contribute stock to your Donor-Advised Fund (DAF). As a member, you can make irrevocable contributions of nearly all publicly traded stock. All stock is liquidated when we receive it and the balance is added to your Daffy account as soon as it is available.
To contribute stock, you must first create a stock contribution intent on Daffy. This can be done by selecting “Stock” in the “Add Funds” section on the Daffy app or website. This ensures that your stock contribution is attributed to your account quickly.
In 2022, the average stock contribution on Daffy was $17,600, making it a popular and effective way for our members to support their chosen charities. Moreover, Daffy also allows for the automation of giving, enabling donors to set up recurring donations to their favorite charities with just a few clicks.
Most DAF donations are unrestricted grants, meaning that charities, not donors, get to decide how to best use the funds in service of their mission. At Daffy, our default message on donations is that the funds be used “where needed most.”
So, if you're looking for a flexible, efficient, and impactful way to give, consider contributing stock through Daffy. If you have any questions, feel free to reach out to us at support@daffy.org. We're here to help!