About
Chariot Disbursements is the service Daffy uses to send donations to charities electronically. Instead of receiving a check by mail, an organization can receive Daffy donation funds, along with the donation details, in a Chariot Deposit Account (CDA).
A Chariot Deposit Account is a free account that lets an organization receive incoming donations, review the details attached to each one, and transfer funds to an external bank account.
How It Works
When Daffy sends a donation through Chariot, the funds and the donation details arrive in the organization's Chariot account. From there, the organization reviews the donation data and transfers the funds to its external bank account. Funds are transferred manually from the Chariot Deposit Account to the external bank account.
This replaces the traditional process of receiving a mailed check, endorsing it, depositing it at a bank, and matching the payment to a separate donation letter.
Why Daffy uses Chariot
Efficiency: Charities are notified of incoming donations and can transfer funds to a bank account online, without handling a physical check.
Convenience: Donation funds and the details that accompany them stay together in a single platform for finance and development teams.
Security: Transfers happen in-network, so there is no need to share account or routing numbers, and an organization's banking information is never shared directly with Daffy.
Frequently Asked Questions
Is there a fee to receive electronic disbursements through Chariot?
There is no fee to receive electronic disbursements into a Chariot Deposit Account. Chariot covers one free transfer per week from the Chariot Deposit Account to an organization's external bank account. Optional Chariot features beyond basic transfers may carry fees. You can learn more about Chariot’s pricing here.
Is Chariot secure?
Yes. Chariot's in-network transfers are instantaneous and do not expose account or routing numbers, and an organization's banking information is never shared directly with Daffy. Tens of thousands of donors, non-profits, and DAFs rely on Chariot’s technology to facilitate seamless giving and payment experiences while keeping their most sensitive information protected. Learn more about Chariot's verification process here.
What happens if an organization does not claim a Chariot profile?
Organizations that have not claimed a Chariot profile continue to receive Daffy donations by US Mail.
Who should complete the Chariot verification?
The Control Person should be someone with significant financial oversight and the authority to verify the organization's identity and approve financial transactions, such as an Executive Director, CFO, or Finance Manager.
Who does an organization contact for help?
For questions about a specific Daffy donation, contact support@daffy.org. For technical questions about Chariot Disbursements, contact Chariot at support@givechariot.com.
Chariot is a financial technology company, not a bank. Chariot Deposit Accounts are Demand Deposit Accounts through Column, N.A., Member FDIC. Deposits are eligible for FDIC insurance up to $250,000 per depositor.