Philanthropy at a Crossroads
Charitable giving in many respects has remained unchanged since the time of Carnegie and Rockefeller. More than half of all private charitable contributions are still transacted using paper checks.
Despite strong interest in charitable causes from younger generations, traditional fundraising methods are increasingly out of alignment with how they prefer to communicate and give.
For many charities, escalating costs to raise a dollar are impacting the ability to fulfill their mission. In 2020, private charitable giving totaled $485 billion. Almost $100 billion was spent to raise those funds. Furthermore, the giving process through individual charity websites is fragmented, inconvenient and frankly, boring!
Charitable giving is the only significant financial market to remain largely unchanged by technology.
The Power of Community
Welcome to Daffeinated, a unique, easy-to-use digital platform designed to elevate the giving experience from a mundane tax-saving obligation to an engaging and rewarding social activity.
At its core is a vibrant giving community of donors, their financial advisors and the charities they love and support. Giving is transformed from a solitary activity to an engaging, immersive social experience with family and friends who share common philanthropic values and objectives.
Giving to others is by its nature a very human gesture. It should be a personal and profound experience for everyone involved. Sharing in this way is not only more impactful, but it's more fun!
Humane Technology to Leverage Giving
The Daffeinated platform provides the ultimate personalized user experience. One single portal to access, evaluate and donate to over 1.5 million registered U.S charities.
Donors contribute not only dollars, but share content, reviews and ratings with like-minded communities of their choosing.
Donors have complete control over their privacy. They can give and communicate publicly, behind a user name or completely anonymous.
Donors and charities, as part of a shared community, can magnify their impact with real-time matching grants, contests, challenges and other games.
The Next Generation of Givers is Savvy
Over the next two decades, generations X, Y and Z will inherit $85 trillion. Private charitable contributions will amount to $12 trillion. But many financial advisors and institutions are poorly positioned to participate in this unprecedented transfer of generational wealth. The younger generations have grown up in a world of the internet and media saturation. They are technology natives who are sophisticated yet cynical of traditional institutions and communication methods.
Daffeinated is a community built on a familiar platform with others they choose, to advance causes they care about. It also offers an opportunity for the financial community to have conversations and build relationships with potential clients, but on terms set by each donor.
Come Join Our Shared Platform
The Daffeinated platform brings modern technology to a largely antiquated world of philanthropy and wealth management. Most Donor Advised Funds and charity websites resemble online bill pay more than the efficient Fintech platforms customers have come to expect.
Through our free API, Daffeinated allows participating DAF Sponsors to be integrated as a payment method and share all of the interactive benefits with their DAF holders without transferring any assets under management or disturbing existing relationships.
Contact us to schedule a demo and discuss how Daffeinated can add value to your client offerings.
We fuel generosity.
