328. The Trillion-Dollar Generosity Gap + Re-Envisioning the Donor Advised Fund - Adam Nash

StrategyInnovationPlanned Giving

Sep 28

Written By Andie Murphy

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Meet Adam. He believes everyone can be a philanthropist, and he’s on a mission to re-envision donor-advised families to be a tool for everyone. After launching some seriously impressive tech innovations in top leadership positions at Dropbox, LinkedIn and eBay, he turned his sights toward the nonprofit sector. This isn’t your grandma’s donor-advised fund. Daffy is changing the landscape of giving by helping people be more generous, more often.

💡Learn

Overview of Daffy

Opportunities for nonprofits with DAFs
The Trillion-Dollar Generosity Gap
Daffy for Families (⬅️ involving kids in the gifting process - swoon!🥰)

Today’s Guest

Adam Nash, Founder + CEO, Daffy

“It’s not what you launch with, it’s the constant iteration and improvement. ”

— Adam Nash, Founder + CEO, Daffy

Episode Transcript

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Episode Highlights

Adam’s story and journey to where he is today (4:50)
Overview of Daffy (5:00)
Overview of Donor Advised Funds + Adam’s experience (7:30)
Impact Uprising (11:00)
Opportunity for nonprofits today (12:00)
The Trillion Dollar Generosity Gap + How Daffy is addressing it (17:00)
The Giving Goal at Daffy (22:00)
Features of Daffy (24:00)
New family feature (36:00)
A powerful story of philanthropy in Adam’s life (37:00)
Adam’s One Good Thing: If things are important to you, name them and know them. (45:00)
How to connect with Adam and Daffy (49:00)

Powerful quotes

“The fundamental problem with these Donor Advised Funds is that they focus on the wealthy. Most people have never heard of a donor advised fund.” -Adam

“By setting a goal and automating it, the experts say that that can boost your giving by about 32%.” -Adam

“We would give more if we just automated that goal.” -Adam

“It's not what you launch with, it's the constant iteration and improvement.” -Adam

“Most of us believe in giving, we just need something easy enough to do, and that we can do together.” -Adam

“My experience has been, when you have intentionality, at least you know why you did it and you know that you made that choice, and it is empowering to be in a world where you have agency and intentionality.” -Adam