darovati

1. to give as a gift
   Baka mi je darovala svoj stari sat. — Grandma gave me her old watch as a gift.
   Darovao je sinu stan za venčanje. — He gave his son a flat as a wedding gift.
2. to donate
   Darovao je veliku sumu dečjoj bolnici. — He donated a large sum to the children's hospital.
   Porodica je darovala knjige gradskoj biblioteci. — The family donated books to the city library.

Used as darovati komu šta (dat. + acc.); it sounds more formal than pokloniti.