Like any investment account, a Daffy fund balance can fluctuate with market conditions. A few things to keep in mind:
Tax deductions are based on the contribution, not the balance. Market fluctuations do not affect the tax deduction a member receives at the time of contribution.
Investment gains are tax-free. Any growth in a Daffy fund is not subject to taxes, which means more money available to donate to the causes that matter most.
Members who prefer to limit exposure to market volatility can select one of our conservative portfolios. If you'd like to change your portfolio, learn more here.
Daffy does not offer tax advice. Consult a tax professional to understand your specific situation.