Overview
What is Daffy Charitable Fund?
Daffy Charitable Fund is a public charity and donor-advised fund, founded in 2021, with a mission to help individuals embrace generosity through a modern, user-friendly platform. Based in Los Altos, California, Daffy empowers members to contribute funds, invest them in various portfolios, and donate to over 1.5 million charities, schools, and faith-based organizations. Members can also set giving goals and recurring donations, making charitable contributions an integral part of their lives. Daffy's community feature encourages connection and inspiration among members, fostering a culture of giving.
Official website here: www.daffy.org
What are the reviews and ratings of this charity?
Daffy Charitable Fund is not currently rated by Charity Navigator. The absence of a rating is due to the organization having only two years of electronically filed IRS Form 990 data, which precludes a comprehensive evaluation under the Accountability & Finance methodology. This lack of rating should not be interpreted as either positive or negative.
Despite the absence of financial metrics, Daffy excels in Culture & Community, scoring 100% for constituent feedback collection and usage. Similarly, the organization achieves a score of 100 in Leadership & Adaptability, demonstrating strong strategic planning, leadership, and responsiveness to changes, such as its establishment during the pandemic.
Daffy Charitable Fund operates with a clear mission to enhance generosity through a modern platform and community. Its vision emphasizes building a giving community, increasing charitable contributions, and developing a mobile-first Donor-Advised Fund platform. The absence of key personnel salaries highlights its nonprofit emphasis. No user reviews are available from GreatNonprofits, which could provide firsthand insights.
This AI summary has been generated from information found on Charity Navigator.
Is Daffy Charitable Fund legitimate?
Daffy Charitable Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Daffy Charitable Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.daffy.org
What is the mission statement of Daffy Charitable Fund?
The Daffy Charitable Fund is a modern donor-advised fund aimed at encouraging people to be more generous more often. Established in 2021, the organization provides a platform for members to easily contribute assets, invest them, and donate to over 1.5 million charities, schools, and faith-based organizations. Members can set annual giving goals and recurring contributions to their favorite causes, making charitable giving a regular habit. Daffy supports various investment portfolios to help charitable contributions grow over time. The fund also offers features for families to involve the next generation in giving and a community to inspire and connect givers. Additionally, anyone can send the gift of giving to a recipient to recommend donations to supported charities. The Daffy Charitable Fund's mission focuses on using technology and community to help bridge the generosity gap.
Official website here: www.daffy.org
Who is the CEO of Daffy Charitable Fund?
Adam Nash is the President of Daffy Charitable Fund.
Official website here: www.daffy.org
What is the revenue of Daffy Charitable Fund?
Daffy Charitable Fund's revenue in 2022 was $18,765,502.
Official website here: www.daffy.org
Who are the executives of Daffy Charitable Fund and what are their salaries?
There 10 volunteers at Daffy Charitable Fund.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.daffy.org
Where can I find the form 990 for Daffy Charitable Fund?
Daffy Charitable Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.daffy.org
Learn more at the official website: www.daffy.org
Mission Statement of Daffy Charitable Fund
Daffy Charitable Fund, a modern charitable platform and donor-advised fund established in 2021, is on a mission to help individuals embrace generosity more frequently. By providing a full-featured mobile and web platform, members of Daffy can contribute various assets like cash, stock, or crypto, invest them, and donate to over 1.5 million nonprofits, schools, and faith-based organizations directly from their phones.
Daffy's primary objective is to close the existing $1.27 trillion generosity gap by making giving a habit through technology and community support. Members of this charitable fund can set personal annual giving goals and arrange recurring donations to their preferred causes. This feature makes giving a consistent practice, allowing members to make a difference in the lives of others more frequently.
Furthermore, Daffy offers diversified investment portfolios, with options such as conservative, diversified, ESG, and crypto investments. These investment opportunities enable charitable contributions to grow over time, increasing their impact on the organizations they support.
In addition, Daffy allows members to invite up to 24 family members to join their fund, promoting generosity as a value passed down through generations. Members can also engage with their trusted friends and colleagues, inspiring one another to contribute to the causes they care about most. Daffy even enables anyone to send the 'gift of giving' as a digital gesture, allowing recipients to allocate charitable dollars to any of the over 1.5 million charities supported by Daffy.
In summary, Daffy Charitable Fund is a game-changer in charitable giving, making it simple and convenient for individuals to contribute, invest, and support their preferred organizations. It's an innovative platform designed to help people be more generous, more often, thereby making a positive impact on the world.
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Impact
October, 2024
Daffy Charitable Fund empowers individuals to enhance their philanthropy through a streamlined and innovative platform that encourages consistent giving. Established in 2021, Daffy addresses the significant $1.27 trillion generosity gap by providing tools that facilitate making giving a habitual practice.
Through its user-friendly mobile and web platform, Daffy allows members to contribute various assets, including cash, stock, and cryptocurrency. This flexibility does not just support immediate charitable contributions; it also enables members to invest their funds in one of 13 diversified investment portfolios, including options focused on ESG and crypto, maximizing the potential for their charitable dollars to grow.
Key features such as setting annual giving goals and establishing recurring donations help members cultivate a culture of generosity. The platform also embraces family involvement, allowing members to add up to 24 family members to their accounts, thereby instilling values of giving in future generations.
Community engagement is a cornerstone of Daffy, as it encourages connections among members to inspire collective action towards supporting various causes. Additionally, through Daffy Gifts, individuals can share the gift of charitable giving with others, providing them the opportunity to donate to over 1.5 million nonprofits and organizations.
Overall, Daffy Charitable Fund's impact lies in its ability to modernize the philanthropic experience, making generosity more accessible and fostering a vibrant community focused on meaningful contributions.
This information is meant to be a general summary of Daffy Charitable Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$903,194
- Gross Receipts: $26,286,537
Assets and Liabilities:
- Total Assets: $20,202,721
- Total Liabilities: $16,340
- Net Assets: $20,186,381
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Organization Details
Founding Year
2021
Phone
(650) 209-5854Principal Officer
Adam Nash
Main Address
221 Main Street 2061, Los Altos, CA, 94023
Website
www.daffy.orgNTEE Category
Code: T30 - Philanthropy
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