Charitable gifts are most often made in the form of cash and checks. If you itemize your tax deductions, gifts of cash can eliminate or reduce tax on up to one-half of your adjusted gross income (AGI). Be sure to maintain receipts, acknowledgements, or bank records related to your gifts.
Give to honor an individual's birthday, anniversary, special accomplishment, reunion.
Gifts in memory of a loved one can be made all year long.
Gift in Kind
A Gift in Kind can be gently used clothing, furnishings, appliances, toys, books, etc.
Making gifts of stocks, bonds, and/or mutual funds can bring extra tax savings. When making such gifts, always consider what the securities originally cost in relation to what they are worth today.
Life insurance policies that have built up cash value but are no longer needed for their original purposes can make excellent charitable gifts. You may also find that including a charitable beneficiary for all or part of the proceeds of a life insurance policy can be a convenient way to provide a gift through your estate.