Daffy Description
Daffy is a platform for donor-advised funds that simplifies and automates the process of charitable giving by allowing users to allocate a specific amount either weekly or monthly, invest it in carefully selected portfolios such as Standard, ESG, or Crypto, and donate to almost any public charity in the U.S., all from a single user-friendly application. Contributors benefit from an instant federal income tax deduction when they donate cash, stocks, or cryptocurrencies, avoiding capital gains taxes on long-term appreciated assets, while also enjoying tax-exempt growth on their investments and keeping all tax documentation organized in one location. The platform supports more than 1.5 million nonprofit organizations and incorporates social giving features that enable users to explore and donate alongside their friends, as well as keeping a continuous record of their contributions and grants. Daffy charges a straightforward, transparent fee that includes membership, and offers flexible contribution options through bank transfers, Apple Pay, major debit and credit cards, or transfers from existing donor-advised funds. Additionally, Daffy’s innovative approach encourages a more engaged and community-oriented giving experience.
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