⏳ Creating an intent helps us avoid delays in attributing a contribution to your Daffy account as soon as we receive it.
Step 1: Log into Daffy on web or use our iOS app and click or tap Add Funds > Stocks, ETFs & Mutual Funds to complete the intent form.
Step 2: Log into your Merrill brokerage account and complete Merrill's "Outgoing Partial Asset/Gifting Transfer Authorization Letter."
To access the electronic version, go to Help & Settings > Forms & Applications and then type the word "gifting" in the search bar.
Step 3: Complete Section 2 of the form by selecting both "Gifting transfer" and "Charitable donation."
Step 4: Go to Section B to "gift securities" and fill in Daffy's information.
Receiving Firm Name: Apex Clearing
Receiving Firm DTC Number: 0158
Receiving Account Owner Name: Daffy Charitable Fund
Receiving Firm Account Number: 9SC05050 (Note: This account number has 3 zeros not the letter O)
Receiving Account Owner's Street Address: 221 Main Street, #2061, Los Altos, CA 94023
Please do not make the gift anonymous. We need your name so we can attribute the transfer to your Daffy fund
Step 5: Sign and submit the form. 🎉
✅ As long as you created an intent that matches your contribution (Step 1), Daffy will notify you when we receive your shares from Merrill.
🚨 The time it takes for your shares to reach Daffy is entirely dependent on the sending brokerage. Contact your brokerage directly for more information.
Note about Cost Basis
If you would like to send particular lots of a security, it is important that you enter the correct cost basis on the form. Generally, it cannot be changed after the fact. Please record the cost basis of an asset you are donating before transferring the asset to charity as most brokerages do not keep a record of the cost basis once the asset has left your account and you may need the information to fill out tax forms at the end of the year. Daffy does not have access to cost basis information for contributions so we will not be able to provide this information at a future date.