It depends on the tycoon you are playing.
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There are many different online Tycoon games. The first Tycoon game, Railroad Tycoon, was release in 1990. Other Tycoon games include DinoPark Tycoon in 1993, Pizza Tycoon and Transport Tycoon in 1994, and Airline Tycoon in 1998.
Some Tycoons don't have the donate tool but if they do then click the person and enter the amount of points/cash/ect. you want to give. Sometimes tools will ask for you to press keys like "a,s,g,f,j,h" or some like that to change the amount you are donating.