The most common way to make an immediate gift is by writing a check or giving cash. This type of gift provides immediate liquidity for charity and generates a charitable income tax deduction for the donor in the year of the gift.
Stocks, Mutual Funds, EFTs, Bonds
Giving securities may provide greater tax benefits than donating cash. If you have owned securities for more than one year and the fair market value has increased since you purchased them, you can avoid capital gains tax and receive a charitable income tax deduction equal to the fair market value.
A gift of real estate that has appreciated in value and has been held for more than a year also has the advantage of providing you with a charitable deduction based on the current fair market value, as well as bypassing capital gains tax on the growth.
Naming a ministry as the beneficiary of an insurance policy is one of the easiest ways to make a charitable gift. You also may donate a permanent life insurance policy for the benefit of the organization. Your insurance agent can help with details.