Published on: Thursday, 30 January 2025 ● 6 Min Read
LOS ALTOS, Calif.--(BUSINESS WIRE)--Daffy.org, the modern platform for charitable giving, today announced the charity’s 2024 Year in Review, highlighting unprecedented growth in an already fast-growing category. Over the last 10 years, the number of DAF accounts has grown at a compounded annual growth rate of over 23.3% according to the NPT’s 2024 DAF Report. Some projections estimate that the total amount of assets in donor-advised funds will surge from approximately $250 billion today to over $1 trillion over the next 10 years1. In 2024, Daffy grew its member accounts by 104%, 4.4x faster than the overall DAF market. Daffy has now added more donor-advised funds to its platform in 3 years than Vanguard Charitable did in its first 13. Daffy members contributed over $198 million in assets to their donor-advised funds in 2024 and donations increased by 311% compared to 2023 to over $40 million.
Daffy, which stands for the Donor-Advised Fund for You™, launched a little over 3 years ago with a simple mission: help people be more generous, more often. Daffy has become the standard bearer for expanding the donor-advised fund as a giving vehicle beyond the ultra-wealthy and bringing new features to the outdated sector. Attracting members with accounts ranging in the hundreds to multi-millions, Daffy now manages over $324 million in charitable assets, an increase of 151% year over year, with 24% of all contributions to Daffy made in 2024 were transfers from other DAF providers.
“Daffy was founded to revolutionize charitable giving by making donor-advised funds accessible to everyone, not just the ultra-wealthy,” said Adam Nash, Co-founder and CEO of Daffy. “In just over three years, we’ve demonstrated that the combination of modern technology, lower barriers to entry, and innovative features like campaigns can drive generosity on an unprecedented scale. With over $324 million in assets and a growth rate far exceeding the industry standard, Daffy is proving that when you make giving easier and more impactful, people respond by giving more, year after year.”
In addition to its unique membership-based business model and relentless focus on user experience, Daffy’s 2024 was also fueled by its innovative features in the stock and crypto space, including first of their kind partnerships, including native support for Robinhood Crypto, access to Daffy for 900,000+ Betterment clients, and opening up a unique private stock donation program, with Figma as its inaugural launch partner. As a result, Daffy saw over $58 million in stock contributions, over $42 million in crypto contributions, and over $23 million in private stock.
Record-Breaking Year of Giving
Daffy saw record-breaking growth across multiple key metrics in 2024, solidifying its status as one of the fastest-growing donor-advised fund providers in the industry. Highlights include:
New Innovations Driving Growth
Daffy’s rapid growth in 2024 was marked by a commitment to making DAFs more impactful and further building the company’s innovative platform:
To learn more about Daffy and the generosity of its members, read Daffy’s 2024 Year in Review: https://www.daffy.org/resources/year-in-review-2024
About Daffy
Named one of Fast Company’s “Most Innovative Companies of 2024”, Daffy is the Donor-Advised Fund for You™, the ground-breaking, modern platform for charitable giving. The first platform to make giving an easy habit to keep by setting up one-time or recurring contributions with cash, debit, credit, Apple Pay, stock, index funds, mutual funds, and 200+ crypto assets, Daffy innovates the donor-advised fund technology to bring it back to its original goal of helping people give more easily and more regularly. With no minimum to get started and industry-low fees, Daffy allows anyone to set money aside, watch it grow tax-free, and donate to over 1.7+ million charities in the US, like a 401(K) for charitable giving. With fundraising capabilities, family features for families to give together, and a real-time feed of members’ philanthropic activity, Daffy taps into the inherently social nature of giving, helping people discover, inspire, and support the causes they care about most. Since its launch in September 2021, the Daffy community has grown to thousands with members’ account sizes ranging from $10 to over $10M. To give with Daffy, visit daffy.org or search “Daffy” in the App Store.
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