There are various ideas for how to give away your belongings. For example, you can give to social services, like schools and hospitals for the poor, hospice services and soup kitchens, eye operations, or leprosy work.
You can sponsor retreats, such as nyung näs, or people doing individual or group retreats. You can sponsor people to make tsatsas (images) of Buddha, such as Medicine Buddha, Mitukpa, or stupas. You can make light offerings at home, in the center, or at the holy places of Boudhanath, Bodhgaya, and so on. You can sponsor pujas, either special pujas at your local center or at monasteries, or you can contribute money to the FPMT Puja Fund, which funds special pujas on special days of the year in perpetuity. You can contribute money to your local Dharma center to help with whatever beneficial projects it is currently doing, or to other projects, which are helping to maintain and spread the Dharma throughout the world. You can give money to liberate animals, or you can contribute to animal welfare projects, such as the Animal Liberation Sanctuary. You can give money to sponsor the construction of larger holy objects, such as prayer wheels, stupas, and statues in different parts of the world. And you can sponsor the translation of key Buddhist texts in different languages or the editing and free publication of Buddhist teachings.