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What are the benefits of a donor-advised fund (DAF)?
What are the benefits of a donor-advised fund (DAF)?
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Written by Support
Updated over a week ago

When you contribute cash, stocks, or crypto to a DAF, like your fund in Daffy, you'll be able to take an immediate tax deduction for those contributions. Those contributions are invested in a portfolio of your choice and then at any time, you can donate to over 1.5 million charities.

  • Save, invest & give: Put money aside any time, and watch it grow in an investment portfolio of your choice. When you want to give, you know how much you can afford, and all of your donation history is available in one convenient place.

  • Save money on taxes: Every contribution to your donor-advised fund is considered a tax-deductible charitable donation in the year that you make it. Put money aside when your income and tax rates are higher, and donate whenever you want. In some cases, you may deduct as much as 60% of your adjusted gross income in a given year.

  • Save more with stock & crypto donations: Generally, when you sell assets like stock or crypto in your personal accounts, you will owe federal, state, and local taxes on the capital gain. However, when you contribute a long-term capital asset like stock or crypto to a donor-advised fund, you get full credit for the value of the asset when you donate it. You never have to pay taxes on the capital gain.

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