When you contribute to a donor-advised fund, you're making an irrevocable donation of assets—whether it’s cash, stock, or crypto—to Daffy, a registered 501(c)(3) non-profit. As the advisor to your account, you can select from pre-approved portfolios or request a custom portfolio, and recommend donations to charities anytime through our website or iOS app.

If you contribute private stock held for over a year, you can typically deduct its fair market value and avoid capital gains taxes on appreciated assets. Deductions for stock donations are generally limited to 30% of your Adjusted Gross Income (AGI), with any excess carrying forward for five years. Once the stock is liquidated, proceeds are invested in your DAF and available for donation recommendations.