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I personally do not, but I think it’s a personal decision. I have a background in working for homeless non-profits. If you have a desire to really help and be part of moving towards a solution, find a local group and donate and/or volunteer with them.
The reality of handing money to someone is at best it’s a band-aid, and more often you’re just buying that night’s substance of choice. No judgement there, if I was homeless and likely not receiving needed medical and mental health treatment, I’d be high and drunk as often as I could too. Hell, I’m high as often as I can be now. Nevertheless though, I feel comfortable choosing not to participate by handing money when asked and I don’t begrudge anyone who does.
The trick is to never look away. Stare till they notice, then keep staring. Have to get up to use the restroom? Maintain eye contact as long as possible and reestablish it the moment you’re back in sight. If they get up, the responsibility to maintain that eye contact is on you. Make sure to stay within eyesight, following them if necessary. This is your chance, we’re rooting for you!