Daffy Charitable Fund is located in Los Altos, CA. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daffy Charitable Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Daffy Charitable Fund has awarded 12 individual grants totaling $118,999. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP PEOPLE BE MORE GENEROUS, MORE OFTEN THROUGH A MODERN PLATFORM AND COMMUNITY FOR GIVING.DAFFY CHARITABLE FUND ("DAFFY") IS A PUBLIC CHARITY AND DONOR-ADVISED FUND, ESTABLISHED IN 2021 WITH THE MISSION TO HELP PEOPLE BE MORE GENEROUS, MORE OFTEN. DAFFY, THE DONOR-ADVISED FUND FOR YOU, OFFERS A FULL-FEATURED MOBILE AND WEB PLATFORM THAT ALLOWS MEMBERS TO CONTRIBUTE ASSETS SUCH AS CASH, STOCK OR CRYPTO, INVEST THEM AND MAKE DONATIONS TO OVER 1.5 MILLION NONPROFITS, SCHOOLS AND FAITH-BASED ORGANIZATIONS ALL FROM THEIR PHONE. DAFFY MEMBERS CAN ALSO SET GIVING GOALS, RECURRING CONTRIBUTIONS TO THEIR FUND, AND RECURRING DONATIONS TO THEIR FAVORITE CAUSES TO HELP MAKE GIVING A HABIT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAFFY IS FOCUSED ON HELPING PEOPLE MAKE GIVING A HABIT. OVER THE PAST YEAR, THE TEAM AT DAFFY HAS BUILT AND LAUNCHED THE FIRST FULL-FEATURED DONOR-ADVISED FUND IN THE APPLE APP STORE AND A MODERN RESPONSIVE WEB EXPERIENCE SO PEOPLE CAN CONTRIBUTE, INVEST, DONATE, AND TRACK THEIR GIVING ACROSS ALL MAJOR PLATFORMS AND DEVICES.IN ITS FIRST THREE MONTHS, THOUSANDS OF PEOPLE HAVE JOINED DAFFY'S GENEROUS COMMUNITY AND OVER 40% OF MEMBERS HAVE SIGNED UP FOR THE "DAFFY PLEDGE", A COMMITMENT TO SET MONEY ASIDE WEEKLY, MONTHLY, OR QUARTERLY FOR CHARITY. IN ADDITION, DAFFY HAS MADE IT EASY FOR MEMBERS TO CONTRIBUTE FUNDS LIKE STOCK AND CRYPTO, AS WELL AS INVITE FAMILY MEMBERS TO JOIN THEIR ACCOUNTS, AND FRIENDS TO JOIN THEM ON DAFFY.AT DAFFY, WE BELIEVE PEOPLE WANT TO BE MORE GENEROUS, MORE OFTEN, BUT LIFE JUST GETS IN THE WAY. WITH DAFFY, WE'RE MAKING GIVING AN EASY HABIT TO KEEP.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Adam Nash President | OfficerTrustee | 1 | $0 |
Alejandro Crosa Treasurer | Officer | 1 | $0 |
Tamatha Poalucci Secretary | Officer | 1 | $0 |
John Lilly Director | Trustee | 1 | $0 |
Minnie Ingersoll Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $9,487,172 |
Noncash contributions included in lines 1a–1f | $5,145,815 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,487,172 |
Total Program Service Revenue | $0 |
Investment income | $11,757 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$39,441 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,459,488 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $193,685 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $5 |
Office expenses | $0 |
Information technology | $29,336 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $1,295 |
Total functional expenses | $224,321 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,213,831 |
Savings and temporary cash investments | $1,025,509 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $3,386,308 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $1,462,915 |
Other assets | $0 |
Total assets | $9,088,563 |
Accounts payable and accrued expenses | $500 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $500 |
Net assets without donor restrictions | $9,088,063 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $9,088,563 |
Over the last fiscal year, Daffy Charitable Fund has awarded $118,999 in support to 12 organizations.
Grant Recipient | Amount |
---|---|
Charlotte, NC PURPOSE: GENERAL SUPPORT OF RELIGIOUS MISSION | $25,300 |
East Palo Alto, CA PURPOSE: YOUTH DEVELOPMENT AND GENERAL SUPPORT | $12,875 |
Rockville, MD PURPOSE: GENERAL SUPPORT FOR PHILANTHROPIC PURPOSE | $12,380 |
Rochester, NY PURPOSE: GENERAL SUPPORT OF MISSION | $10,000 |
New York, NY PURPOSE: GENERAL SUPPORT OF MISSION | $10,000 |
San Mateo, CA PURPOSE: GENERAL SUPPORT OF EDUCATIONAL MISSION | $10,000 |
Over the last fiscal year, we have identified 3 grants that Daffy Charitable Fund has recieved totaling $999,879.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $893,229 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: General Nonprofit Support | $100,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $6,650 |
Organization Name | Assets | Revenue |
---|---|---|
City Fund Beaverton, OR | $118,722,969 | $115,823,271 |
The Albertsons Companies Foundation Pleasanton, CA | $69,606,007 | $81,616,776 |
Second Harvest Of The Greater Valley Manteca, CA | $10,454,227 | $51,004,614 |
Community Initiatives Oakland, CA | $48,904,163 | $57,867,676 |
Tipping Point Community San Francisco, CA | $69,097,467 | $55,633,961 |
Dagmar Dolby Fund Novato, CA | $39,191,926 | $8,168,589 |
California Health Foundation And Trust Sacramento, CA | $115,138,512 | $36,749,563 |
Tides Network San Francisco, CA | $10,557,656 | $32,745,578 |
Focusing Philanthropy Inc Santa Monica, CA | $5,232,649 | $21,857,695 |
St Baldricks Foundation Inc Monrovia, CA | $22,964,481 | $22,578,479 |
Skid Row Housing Trust Los Angeles, CA | $203,059,004 | $18,739,094 |
Groundswell Fund San Francisco, CA | $42,239,063 | $24,343,616 |