Gifts of Securities
You can make a bigger impact by donating securities and mutual funds.
Marketable securities are a tax-effective way to make your gift in support of Scarlett realizing her dreams.
A donation of securities is the most efficient way to give charitably. When you make a donation of marketable securities, capital gains tax does not apply, allowing you to give more. The tax on your investment’s capital gain is reduced to zero. This doubles your savings, as there are no taxes on the capital gain and you receive a charitable tax receipt for the value of the securities. Just as if you donated the equal amount in cash.
The amount of your charitable tax receipt is based on the fair market value of the securities, as determined by their closing price on the date of transfer to the Children’s Rehabilitation Foundation. Securities eligible for gifting to charity are listed securities or publicly traded securities which include stocks and bonds, mutual funds offered by most Canadian mutual fund management companies and treasury bills.
Children’s Rehabilitation Foundation has engaged the services of National Bank to facilitate the receipt of security donations. Please complete the attached Charitable Donation of Securities in Kind form. If you require assistance, please contact Fund Development Officer, Mia Dunn at mia@crf.mb.ca or Account Specialist, Svetlana Artemchuk at svetlana@crf.mb.ca.
If you want your marketable securities donation to be eligible for the 2023 tax year, National Bank must receive your completed Charitable Donation of Securities in Kind form by no later than Friday December 15, 2023. Provide a copy of the completed form to your investment advisor as the delivering institution must initiate the transfer. To ensure you receive a tax receipt, your investment advisor or you must email Children’s Rehabilitation Foundation at svetlana@crf.mb.ca.
Thank you for your generous gift this holiday season!