⏳ 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: Initiate a stock transfer from your Schwab brokerage account by completing this Schwab form: https://client.schwab.com/secure/file?cmsid=P-2014616&cv44
Step 3: Complete Section 2 with the following information:
Receiving Institution Account Number: 9SC05050 (Note: This account number has 3 zeros, not the letter O)
Account Title: Daffy Charitable Fund
Contact Name: Alex Gyr
Telephone Number: support@daffy.org. If a number is required, please use the Receiving Institution's (Apex) number: 214-765-1345
Name of Receiving Institution: Apex Clearing
DTC Number: 0158
Please do not check the box to make the gift anonymous. We need your name so we can attribute the contribution to your Daffy account.
Step 4: Print and sign the form.
Step 5: While logged into your Schwab account, go to Message Center and upload this document to send back to Schwab for review.
✅ As long as you created an intent that matches your contribution (Step 1), Daffy will notify you when we receive your shares from Schwab.
🚨 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.