EIN 86-3177440

Daffy Charitable Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2021
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Daffy Charitable Fund's mission is to help people become more generous, more often through a modern platform and community for giving. It is a public charity and donor-advised fund established in 2021 that aims to make giving a habit and close the $1.27 trillion generosity gap. Daffy believes that by utilizing technology and community, they can help people become more generous. In 2022, they represented a new way of charitable giving.
Total revenues
$104,423,818
2023
Total expenses
$9,746,992
2023
Total assets
$136,151,980
2023
Num. employees
0
2023

Program areas at Daffy Charitable Fund

Daffy is focused on helping people make giving a habit in an effort to close the $1.27 trillion generosity gap. Daffy is founded on a core belief that with a combination of technology and community, we can help people be more generous. 2023 represented a number of innovative additions to our donor-advised fund to help make giving easier and more impactful for our members, including:GIVING GOAL Daffy makes it simple for every member to set an annual giving goal and recurring donations to their favorite organizations.DIVERSIFIED INVESTMENT PORTFOLIOS Daffy supports 15 pre-approved investment portfolios, with conservative, diversified, ESG, and crypto options to give charitable contributions the opportunity to grow over time.DAFFY APIs Almost every incumbent financial service provider offers the ability to easily donate. With Daffy APIs, any developer can design giving into their applications. DAFFY FOR ADVISORS Financial advisors help people with all of their financial goals, and that should include philanthropy. Daffy offers modern technology and low fees, as well as the tools for advisors to help manage and administer their clients' donor-advised funds.DAFFY CAMPAIGNSDonating, by itself, is a generous act. But now any Daffy member can create matching fundraisers for the charities and causes they care about, providing an even more leveraged way to use their giving to inspire others.DAFFY FOR FAMILIES Members may add up to 24 family members to their fund, to help teach the next generation the values associated with giving through their own actions.DAFFY FOR WORKEmployers who prioritize talent have realized they can easily encourage their employees to give back by providing a charitable giving account and offering a match or charitable gift.

Grants made by Daffy Charitable Fund

GranteeGrant descriptionAmount
Adventist HealthcareGeneral Support of Mission$700,000
The Church of Jesus Christ of Latter-Day SaintsGeneral Support of Religious Mission$361,280
Reason for HopeGeneral Support of Mission$250,000
...and 261 more grants made totalling $7,552,167

Who funds Daffy Charitable Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Silicon Valley Community Foundation (SVCF)General Nonprofit Support$3,500,000
American Endowment FoundationPhilanthropy$2,352,597
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$2,263,829
...and 18 more grants received totalling $14,811,739

Personnel at Daffy Charitable Fund

NameTitleCompensation
Adam NashPresident$0
Valerie BrownOffice Manager

Financials for Daffy Charitable Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$107,541,486
Program services$0
Investment income and dividends$1,516,126
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-4,647,466
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$13,672
Total revenues$104,423,818

Form 990s for Daffy Charitable Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990View PDF
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF

Organizations like Daffy Charitable Fund

OrganizationLocationRevenue
Bny Mellon Charitable Gift FundBoston, MA$171,318,573
Johnson Charitable Gift FundCincinnati, OH$58,902,245
Community Foundation of the Chattahoochee ValleyColumbus, GA$29,877,478
Fiduciary Trust CharitableBoston, MA$52,413,412
IgiftfundHudson, OH$157,167,974
WaterStoneColorado Springs, CO$232,951,454
T Rowe Price CharitableBaltimore, MD$139,901,499
Greater Houston Community FoundationHouston, TX$242,881,362
Omaha Community FoundationOmaha, NE$124,836,841
Greater Washington Community FoundationWashington, DC$93,501,525
Data update history
January 7, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 3, 2025
Received grants
Identified 4 new grant, including a grant for $2,352,597 from American Endowment Foundation
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $200,000 from Tides Foundation
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 22, 2024
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsCorporate foundationsCommunity foundationsCharitiesDonor Advised Funds (DAFs)
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsNational levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
221 Main St 2061
Los Altos, CA 94022
Metro area
San Jose-Sunnyvale-Santa Clara, CA
County
Santa Clara County, CA
Website URL
daffy.org/ 
Phone
(650) 209-5854
IRS details
EIN
86-3177440
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0277687
FTB Entity ID
4784225
AB 488 data last updated ("as-of") date
2025-03-05
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