Gifts of Securities
You can make a bigger impact by donating securities and mutual funds
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 RBC Dominion Securities to facilitate the receipt of security donations. Please complete the attached Securities Transfer Form. If you require assistance, please contact Executive Director, Jane Kidd-Hantscher at email@example.com or Accounting Specialist, Svetlana Artemchuk at firstname.lastname@example.org.
If you want your marketable securities donation to be eligible for the 2021 tax year, RBC Dominion Securities must receive your completed Securities Transfer Form by no later than Friday December 17, 2021.
Thank you for your generous gift this holiday season!