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What is the tax status of the Daffy Charitable Fund?

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The Daffy Charitable Fund is a fantastic option for a Donor Advised Fund (DAF). Recognized as a tax-exempt public charity under Sections 501(c)(3), 509(a)(1), and 170(b)(1)(A)(vi) of the Internal Revenue Code, Daffy offers a unique opportunity for you to maximize your generosity while also benefiting personally. Daffy delivers all donations to charities in cash, allowing you to choose from over 1.5 million charities. This is a rare opportunity for those who have benefitted from the rise in the stock market this year to give back to charities in need. Joining the Daffy community not only allows you to make giving a habit, but it also offers major tax savings. Please note that while this information is for educational purposes, it is always best to consult with a tax professional to assess your specific tax situation. With Daffy, you can rest assured that 100% of your donation goes directly to the charity of your choice. As the Head of Customer Success at Daffy says, "I'm not just the Head of Customer Success at Daffy. I'm also a satisfied customer!" So why wait? 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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