EIN 86-3177440

Daffy Charitable Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2021
Most recent tax filings
2022-12-01
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
$18,765,502
2022
Total expenses
$3,659,381
2022
Total assets
$20,202,721
2022
Num. employees
0
2022

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. 2022 represented a number of innovative additions to our donor-advised fund to help make giving easier and more impactful for our members, including:GIVING GOALDaffy makes it simple for every member to set an annual giving goal and recurring donations to their favorite organizations.DIVERSIFIED INVESTMENT PORTFOLIOS DIVERSIFIED INVESTMENT PORTFOLIOSDaffy supports 13 investment portfolios, with conservative, diversified, ESG, and crypto options to give charitable contributions the opportunity to grow over time.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.COMMUNITY Daffy encourages members to connect with their trusted friends and colleagues to inspire each other to give to the organizations and causes they support.DAFFY GIFTS Daffy allows anyone to send the gift of giving, allocating charitable dollars for a recipient to recommend to donate to any of over 1.5 million charities supported by Daffy.

Grants made by Daffy Charitable Fund

GranteeGrant descriptionAmount
Fidelity Investments Charitable Gift FundGeneral Support for Philanthropic Purpose$556,988
GiveWellGeneral Support of Mission$159,349
The Church of Jesus Christ of Latter-Day SaintsGeneral Support of Religious Mission$140,861
...and 92 more grants made totalling $2,599,870

Who funds Daffy Charitable Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Silicon Valley Community Foundation (SVCF)General Nonprofit Support$3,500,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$1,113,207
Schwab Charitable FundPublic, Societal Benefit$893,229
...and 12 more grants received

Personnel at Daffy Charitable Fund

NameTitleCompensation
Adam NashFounder and Chief Executive Officer$0
Valerie BrownOffice Manager
Alejandro CrosaCo - Founder and Ctosan Francisco, Ca$0
Lorie LambertSecretary$0
Edward ParkTreasurer$0
...and 1 more key personnel

Financials for Daffy Charitable Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$19,667,796
Program services$0
Investment income and dividends$198,789
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,101,983
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$900
Total revenues$18,765,502

Form 990s for Daffy Charitable Fund

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
Data update history
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 22, 2024
Updated personnel
Identified 2 new personnel
January 3, 2024
Received grants
Identified 7 new grant, including a grant for $3,500,000 from Silicon Valley Community Foundation (SVCF)
September 19, 2023
Updated personnel
Identified 1 new personnel
August 7, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsNational levelTax deductible donationsNo full-time employees
General information
Address
221 Main St 2061
Los Altos, CA 94023
Metro area
San Jose-Sunnyvale-Santa Clara, 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
Free account sign-up

Want updates when Daffy Charitable Fund has new information, or want to find more organizations like Daffy Charitable Fund?

Create free Cause IQ account