The primary purpose of 501(c)(4) and 527 organizations is to promote social welfare and influence politics, respectively. However, these organizations are not the only options for those looking to make a difference. Daffy Charitable Fund, a tax-exempt public charity recognized under Sections 501(c)(3), 509(a)(1), and 170(b)(1)(A)(vi), offers a unique and efficient way to support both restricted and unrestricted giving.
Daffy allows you to set a specific use for your donation, ensuring that your funds are distributed according to your wishes. This flexibility, combined with the ease of setting up a donation, makes Daffy an excellent option for a Donor Advised Fund (DAF).
Unlike private foundations, which require a lengthy setup process and come with numerous regulations, DAFs like Daffy are easy to establish and manage. They also allow your funds to be invested for more potential impact, and you can recommend donations from the fund at any time.
Moreover, DAFs like Daffy ensure that more of your money goes to charity rather than administration. This efficiency, combined with the flexibility and ease of use, makes Daffy a compelling choice for those looking to make a difference through charitable giving.
So, if you're considering how to best make an impact with your charitable giving, consider Daffy. With Daffy, you can comfortably choose the best type of donation to help you and the nonprofits you care about achieve their goals. Start giving with Daffy today and make giving a habit.