There are so many ways in which you can donate to your favorite cause. You can use your checkbook, set up a foundation, or enter your credit number online. Your donation, however small it is, can make a difference. People contributed up to 68% of the overall charitable donation in the United States in 2018.
Giving to charities can help charitable organizations to continue with their selfless initiatives. That’s why you should always try to donate, even if it a small donation. The following are some of the ways you can donate today.
- Use your checkbook
Donating to a charity like Yad Ezra by writing a check is still one of the popular forms of giving in the world. It is quite simple and direct. People still prefer to write a check to a charity instead of handing over their credit card to an online donation platform, especially if they are giving a significant amount.
- You can donate online
Online donation is also referred to as crowdfunding. Even though the online donation is still not among the popular ways that donors use, it is seeing tremendous growth. Many people, especially the young ones love online donation because it suits their digital lifestyles.
- Donate through a Donor-Advised Fund
Donating through a donor-advised fund is quite popular. Also known as DFAs, this form of donation has grown significantly in recent years, exceeding one billion in total assets. DFAs are charitable donation accounts, created by sponsoring organizations, and they are designed to be accessible. You basically put your donation in, let the sponsoring organization invests the money, and then donate to your favorite cause.
It’s worth noting that once you set up a donor-advised fund, the sponsoring institution will provide you with plenty of help when it comes to choosing causes to support by doing the research for you.
- Join a donation circle
If you have ever been a member of a book or investment club, then you know the fundamentals of a donation circle. Donation cycles are quite new to the philanthropic scene but have gained popularity faster. Donating through a donating circle is quite exciting and practical as well. You can look for a donating circle in your neighborhood. That would be a great place to start, especially if you are looking for a smaller circle. Other than the local giving circles, there are state and nationwide donation circles that you can be part of.