If you're looking to make a charitable donation, consider donor-advised funds — just make sure you do your research first.
Donor-advised funds help simplify the giving process. Donors can open accounts at many brokerage firms or large foundations, and then make gifts of cash, marketable securities, and even hard-to-value assets.
In return, donors receive an immediate income-tax deduction. Afterward, the fund disburses money to charitable organizations that you designate. One of the pluses of these accounts is that unspent funds continue to grow tax-free.