Nonprofit · EIN 86-3177440
DAFFY CHARITABLE FUND
Tax-exempt · LOS ALTOS, CA 94023
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $197,184,036 | $40,201,570 | $156,982,466 | $334,483,489 | $294,552 | $334,188,937 |
| December 31, 2023 | 990 | $104,423,818 | $9,746,992 | $94,676,826 | $136,151,980 | $6,027 | $136,145,953 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $194,043,157
- Program service revenue
- $0
- Investment income
- $2,999,315
- Net gain from sales of assets
- $30,078
- Other revenue
- $141,564
Expenses
- Grants and similar amounts paid
- $39,841,265
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $40,147,080
- Management and general (functional)
- $6,850
- Fundraising (functional)
- $47,640
Balance sheet and other
- Total assets, start of year
- $136,151,980
- Total assets, end of year
- $334,483,489
- Total liabilities, end of year
- $294,552
- Net assets, end of year
- $334,188,937
- Publicly traded securities
- $183,295,887
- Net assets without donor restrictions
- $334,188,937
- Gross receipts
- $254,616,519
- Employees
- 0
- Volunteers
- 10
- Year formed
- 2021
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Adam Nash | President Trustee or director, Officer | 1 | $0 |
| John Lilly | Director Trustee or director | 1 | $0 |
| Minnie Ingersoll | Director Trustee or director | 1 | $0 |
| Edward Park | Treasurer Officer | 4 | $0 |
| Lorie Lambert | Secretary Officer | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Adam Nash | President Trustee or director, Officer | 1 | $0 |
| John Lilly | Director Trustee or director | 1 | $0 |
| Minnie Ingersoll | Director Trustee or director | 1 | $0 |
| Edward Park | Treasurer Officer | 4 | $0 |
| Lorie Lambert | Secretary Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 221 MAIN ST UNIT 2061, LOS ALTOS, CA 94023-9039
- In care of
- % ADAM NASH
- Principal officer (990 for 2024)
- Adam Nash, 221 Main Street 2061, Los Altos, CA 94023
- Signed the 990
- Adam Nash, President
- Phone
- (650) 209-5854
- Website
- DAFFY.ORG
- Return prepared by
- Abbott Stringham & Lynch
California records
California keeps its own records of charities and corporations. Search them by EIN 86-3177440 or by the name DAFFY CHARITABLE FUND.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
To help people be more generous, more often.
Program accomplishments
- Daffy is the Donor-Advised Fund for You, a modern platform for charitable giving. 2024 represented several innovative additions to our donor-advised fund to help make giving easier and more impactful for our members, including:-Custom Portfolios: Daffy launched the ability for members to propose a custom investment portfolio on Daffy, selecting up to 10 ETFs from more than 450 high-quality options across Vanguard, iShares, Fidelity, and Bitwise. -Private Stock Donation Program: Daffy opened its platform to private stock, partnering with Figma for the launch.-Daffy for Work: Daffy for Work continued to grow with a roll-out to companies like OpenAI, Acorns, and Grindr. -Robinhood Integration: Daffy launched the ability for members to donate crypto directly from Robinhood.-Betterment Partnership: Daffy launched a partnership with Betterment, so their clients have access to Daffy through the Betterment platform.Expenses $40,147,080 · grants $39,841,265
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 86-3177440
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $334,483,489
- Income (IRS master file)
- $254,616,519
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $197,184,036 | $40,201,570 | $334,483,489 | XML |
| 990 | December 2023 | $104,423,818 | $9,746,992 | $136,151,980 | XML |
| 990 | December 2022 | $18,765,502 | $3,659,381 | $20,202,721 | IRS |
| 990 | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-3177440).
Questions about DAFFY CHARITABLE FUND
- What is the EIN of DAFFY CHARITABLE FUND?
- The employer identification number (EIN) of DAFFY CHARITABLE FUND is 86-3177440.
- Is DAFFY CHARITABLE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to DAFFY CHARITABLE FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DAFFY CHARITABLE FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DAFFY CHARITABLE FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DAFFY CHARITABLE FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DAFFY CHARITABLE FUND?
- The 990 for the year ended December 31, 2024 names Adam Nash.
- Who are the officers and directors of DAFFY CHARITABLE FUND?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does DAFFY CHARITABLE FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $197,184,036, expenses of $40,201,570 and total assets of $334,483,489 at year end.
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All nonprofits in LOS ALTOS · California · Philanthropy, voluntarism and grantmaking foundations