Cash  

Cash is the simplest, most direct and most popular type of charitable gift. A gift of cash is considered made on the date it is hand delivered or mailed, and because of the charitable deduction, the net cost to the donor can be much less than the actual amount of the gift. 

For example: the net cost of a $1,000 cash gift to a donor in the 31% marginal tax bracket is only $690 after his or her $310 tax savings. 

A cash gift is deductible up to 50% of a donor's adjusted gross income (AGI). Any amount in excess of the 50% ceiling can be carried over for five years. 

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