One of the easiest and tax-advantageous ways to give to charity. A DAF is like a charitable investment account, for the sole purpose of supporting your favorite charitable organizations. When you contribute cash, securities or other assets to a donor-advised fund, you are generally eligible to take an immediate tax deduction. Then those funds can be invested for tax-free growth and you can recommend grants specifically for PSDS.

These are one of the simplest, most impactful, and popular ways to make a planned gift. To make a charitable bequest, simply allocate a portion of your estate to PSDS in your legal will.

Are you over 72 and a half? You can also give from your life insurance policy or unused retirement assets. These include individual retirement accounts (IRAs), 401(k)s, 403(b)s, or pensions. Because these gifts are often larger than what you could give in your lifetime, they can have an even greater impact.

You can give an irrevocable gift of cash or securities in exchange for a fixed income payment for asset term or for life. You can take an immediate tax deduction while the beneficiary can invest and grow the funds. Many donors choose to defer their annuity payments until they retire, resulting in higher payments.

These allow you to contribute cash or appreciated securities. You receive a fixed income based on a percentage of the initial assets used to fund the trust. The beneficiary can invest the funds, while you avoid capital gains or estate taxes. At the end of the annuity trust’s term, the remaining balance goes to the beneficiary.