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Daffy

What is the surcharge for credit card contributions after the first one?

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When it comes to making credit card contributions to Daffy, the Donor Advised Fund for You™, there is no surcharge on your first, one-time credit card contribution up to $1,000. After the first contribution, a 2.9% surcharge is applied to cover card processing fees. Daffy offers a variety of contribution types, including recurring contributions, one-time contributions, and even contributions in the form of stock or crypto. The minimum amounts for these contributions range from $10 per week for recurring contributions to $1,000 for stock contributions. The maximum credit card contribution is $100,000, providing ample flexibility for donors of all capacities. Daffy is a fantastic option for a Donor Advised Fund (DAF) due to its ease of use, flexibility, and commitment to making giving a habit. With Daffy, you can easily set up a recurring contribution or make a one-time contribution by linking your bank account, through Apple Pay™, or through all major debit or credit cards. Moreover, Daffy Charitable Fund is recognized as a tax-exempt public charity. This means that contributions made to Daffy are generally eligible for an immediate tax deduction for the calendar year when the contribution is made. So, whether you're looking to make a one-time contribution or establish a regular giving habit, Daffy provides a simple, flexible, and tax-efficient way to support the causes you care about. Get started with Daffy today and make giving a habit!

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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