Now you can start a fundraiser for any charity of your choice in seconds

Online giving platform Daffy.org is letting anyone start a fundraiser for their favorite charity.

Daffy announced a new feature Friday called Daffy Campaigns, which lets users designate a nonprofit or a set of nonprofits and call upon others to contribute to them. The feature also lets people set up matching donations, where contributions up to a certain amount will be matched by funds from the campaign organizer, as well as particular “giving milestones” similar to what’s seen on other crowdfunding platforms. And Daffy won’t take a cut of the donations, except for certain credit card processing fees.

“I would love to see a future where everyone runs a campaign for something they care about,” says Daffy cofounder and CEO Adam Nash.

Nash envisions people could set up campaigns for school fundraisers, for community causes, for a memorial campaign with contributions going to a favorite charity of someone who passed away, even for wedding registries in lieu of gifts. The multi-charity feature can also help raise money for a variety of related nonprofits addressing a particular cause, such as relief after an emergency. And OpenAI’s ChatGPT will automatically help people set up a fundraiser by generating a first draft of the campaign description.

Campaigns won’t directly replace many uses of existing crowdfunding tools, like raising money for a project on Kickstarter or for personal emergency needs on GoFundMe, since the software is focused on gathering funds for registered nonprofits. But the basic mechanics will be familiar to those who’ve used such platforms, which is in line with Daffy’s basic philosophy to bring the power and ease of modern tech tools to charitable giving.

Daffy stands for Donor-Advised Fund For You, referring to a type of financial account where people can make tax-deductible contributions similar to a 401(k) or IRA, then effectively transfer the contributions and any investment growth to nonprofits of their choice. The accounts have historically been used by wealthy donors, and they’re supported by big banks and brokerages. But Daffy is trying to take a more internet-forward, user-friendly approach, reminiscent of how digitally forward banks and fintech companies have approached saving, borrowing, and investing.

Nash, a former executive at Dropbox and Wealthfront, sees charitable giving as generally underserved by the tech sector. “Giving is this incredible part of our lives—60 million or so American households give to charity every year,” he says. “It’s a really huge sector that surprisingly we haven’t invested a lot in as a technology industry.”

Daffy’s plans range from free, with under $100 invested, to $20 per month based on desired features, such as shared plans with family and the sizes of intended contributions. A basic individual plan with unlimited balance is $3 per month, and a similar family plan is $5 per month. Most other donor-advised fund managers charge based on a percentage of assets in the plan, says Nash. Earlier this year, the platform launched the feature, Daffy for Work, which lets employers offer automatic contributions to Daffy funds essentially as an employee benefit similar to a 401(k), with employer-configurable matching options.

Nash says he imagines the new Campaigns concept will bring Daffy to the attention of new audiences, as they see friends, relatives, colleagues, and local organizations promoting fundraisers on the platform. Campaigns will be readily shareable as URLs that can be sent through social networking platforms, email, and messaging tools, he says.

“We think, for a lot of people, participating in a campaign will be their first exposure to Daffy,” he says.

https://www.fastcompany.com/90977276/daffy-fundraiser-tool-exclusive?partner=rss&utm_source=rss&utm_medium=feed&utm_campaign=rss+fastcompany&utm_content=rss

Établi 2y | 3 nov. 2023, 13:50:08


Connectez-vous pour ajouter un commentaire

Autres messages de ce groupe

Jack Dorsey’s new Sun Day app tells you exactly how long to tan before you burn

Twitter cofounder Jack Dorsey is back with a new app that tracks sun exposure and vitamin D levels.

Sun Day uses location-based data to show the current UV index, the day’s high, and add

15 juil. 2025, 21:10:06 | Fast company - tech
The CEO of Ciena on how AI is fueling a global subsea cable boom

Under the ocean’s surface lies the true backbone of the internet: an estimated

15 juil. 2025, 18:50:04 | Fast company - tech
AI therapy chatbots are unsafe and stigmatizing, a new Stanford study finds

AI chatbot therapists have made plenty of headlines in recent months—s

15 juil. 2025, 18:50:03 | Fast company - tech
Elon Musk’s chatbot Grok searches for his views before answering questions

The latest version of Elon Musk’s artificial intelligence chatbot Grok is echoing the views of its

15 juil. 2025, 16:30:06 | Fast company - tech
How this Florida county is using new 911 technology to save lives

When an emergency happens in Collier County, Florida, the

15 juil. 2025, 16:30:05 | Fast company - tech
How a ‘Shark Tank’-winning neuroscientist invented the bionic hand that stole the show at Comic-Con

A gleaming Belle from Beauty and the Beast glided along the exhibition floor at last year’s San Diego Comic-Con adorned in a yellow corseted gown with cascading satin folds. She could bare

15 juil. 2025, 14:20:03 | Fast company - tech
Why 1995 was the year the internet grew up

The internet wasn’t born whole—it came together from parts. Most know of ARPANET, the internet’s most famous precursor, but it was always limited strictly to government use. It was NSFNET that bro

15 juil. 2025, 11:50:03 | Fast company - tech