This one weird trick could end up costing your entire PFD this year

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“Pick.Click.Give.” is Alaska’s unique way of allowing people to donate a portion of their Permanent Fund dividend to charity.

When Alaskans file for their annual share of the state’s oil wealth, they have the option of checking a box that can help them direct some or all of their dividend to any one of dozens of participating nonprofits in the state.

This year, the official Pick.Click.Give. form says Alaskans can give up to $2,800 from their dividends to charity. That’s how much Alaskans have available, the state says. Here is what the form shows at https://pfd.alaska.gov.

The problem is, the 2023 dividend was set at $1,300.

If an unsuspecting Alaskan looks at the Pick.Click.Give form and think he’s getting a $2,800 dividend this fall, and decides to give half to charity, he will end up giving the entire dividend to charity, and will get nothing in his own bank account this year.

Gov. Mike Dunleavy, in his original budget in December, set the PFD for $3,800. The House of Representatives passed a PFD in the amount of $2,700. But the Senate set it the lowest — $1,300. And that ended up being the final amount as the legislature wrapped up business.

Those who may have been led to believe they were getting a $2,800 PFD, and who want to now change their charitable donation amount, have until Aug. 31 to make that adjustment online at pfd.alaska.gov.

Applicants who filed an online application and selected direct deposit will receive their 2023 dividend through direct deposit on Oct. 5, if they have been determined to be eligible.

The Pick.Click.Give. program was launched in 2009 by the State of Alaska in partnership with The Alaska Community Foundation, the Rasmuson Foundation, The Foraker Group, and the State of Alaska Permanent Fund Dividend Division.