Initiate the Funding of your DAF
Once a Client Profile has been created, their DAF is automatically set up. Next step is to Add Funds. The following steps will help guide you through the initial funding of your DAF.
Click All Funds at the top of your navigation bar to view all your client DAFs.
Select any client and click Add Funds from their overview page:
Adding Cash using a connected Bank Account (via Plaid) is only accessible by the client and is not shown for Advisors.
Add Cash Via Wire Transfer from an external account.
Contribute Stock or Securities from an external account.
Transfer an External DAF to Give
Follow the step-by-step instructions to begin the contribution process to fund your client's DAF.
Add Cash using a connected Bank Account
To connect Give with your Bank Account, TIFIN partners with Plaid for an effortless and secure connection.
Credential-based login to connect with ~8,000 financial institutions.
2,000+ additional financial institutions which don’t offer credential-based connectivity.
Click Add Funds > Select Add Cash Using Connected Bank Account
Follow the steps to connect with the financial institution of your choice. You will be redirected to the 3rd party site to input your credentials. Upon successful connection you will not need to re-login going forward.
Set up a Recurring ACH Bank Contribution
Once your Bank Account is connected using Plaid, navigate back to the Contribute page > Add Funds > Add Cash Using Connected Bank Account
You will see any connected bank accounts and whether they have been verified on the left side. Select an account to view the Account Balance:
Fill in the Contribution Amount, Frequency of your recurring contribution, and the Start Date. Check the box and Agree to the Terms & Conditions > Click Submit. Your recurring contribution will show up under Cash Contributions.
Credit Card Contribution
To connect TIFIN Give with your credit card account, TIFIN partners with Stripe for an effortless and secure connection. Please note that only client's can add funds to their DAF via Credit Card. Advisors cannot add a credit card contribution on behalf of their clients.
Click Add Funds > Add Cash Using Credit Card
Once you've entered your credit card information, you can then submit a credit card contribution:
Setting Up a Recurring Credit Card Contribution
Once your credit card is connected using Stripe, navigate back to the Contribute page > Add Funds > Add Cash Using Credit Card
You will see any connected and verified credit cards on the left side:
Fill in the Contribution Amount, Frequency of your recurring contribution, and the Start Date. Check the box and Agree to the Terms & Conditions > Click Submit. Your recurring contribution will show up under Credit Card Contributions.
Add Cash Via Wire Transfer
To fund your DAF via wire transfer, click Add Funds on the Overview page or on the Contribute page:
Select Add Cash Via Wire Transfer.
The platform will automatically populate the necessary fields to submit a US Dollar wire from your external account.
Note: the DAF Sponsor is The GiveClear Foundation (EIN #81-3222963)
Select the originating account holder making the contribution for tax receipt purposes. Include the Intended Contribution Amount and check the box to acknowledge intent the contribute.
After clicking Submit you will see the Pending Wire Transfer in your Cash Contribution History.
Please note that with every contribution there will always be two steps: entering the details on the platform, and initiating the transfer from the external party.
Contribute Stocks or Securities
To contribute securities, including appreciated securities to you DAF, click Add Funds on on the Overview or Contribute page:
Select Add Public Securities. The platform automatically populates the necessary fields to submit a securities transfer from your external account.
Note the DAF Sponsor for the program is the GiveClear Foundation (EIN #81-3222963)
Select the originating account holder making the contribution for tax receipt purposes.
Input the Security Details: Custody Platform / Broker, Ticker Symbol, Share Quantity.
Click Add. You may repeat this process to add multiple securities for contribution.
Check the box to acknowledge intent to contribute
Setup standing instructions with your custodian to initiate the transfer of securities.
Submit the third party transfer request from the custodial account (Fidelity or Schwab).
DTC instructions for Fidelity
DTC instructions for Schwab
After clicking Submit you will see the Pending Wire Transfer in your Security Contribution History.
Common Contribution Questions (FAQs)
What ticker do I use when contributing a cash position from a brokerage account?
$CASH
I sent my security contribution awhile ago and I'm not seeing it added to my DAF balance on TIFIN Give. Why is that?
Please make sure that you have entered the contribution details within TIFIN Give. If we do not have those details, we will not be able to reconcile the contribution to the appropriate DAF account.
Please login to TIFIN Give and complete the intent to contribute in order for the contribution to reconcile properly.
The steps above in this article explain how to contribute funds between cash, stocks, funds, ACH, and credit cards.
What if the details were not entered into the Give platform for your contributions?
If the details weren’t entered, the contribution will not be reconciled because we cannot match the funds. As for the securities, we cannot sell them until the details are entered on the platform.
Please login to TIFIN Give and complete the intent to contribute in order for the contribution to reconcile properly.
The steps above in this article explain how to contribute funds between cash, stocks, funds, ACH, and credit cards.