People who own stocks, bonds or mutual funds are pleased to see their investments increase in value. Unfortunately, when converted back to cash, any capital gains are taxable.
By donating your publicly listed securities to the Foundation in kind, you pay no capital gains tax on their increase in value.
After your donation is received into our brokerage account, we will provide you with a charitable tax receipt for the full market value on the day they are received. This tax receipt:
helps reduce the amount of income tax you pay
may be carried forward and used in any of the next five years
may help reduce the taxes payable by your estate in the year of death, allowing more of your estate to go to your beneficiaries
Download more information on gifts of securities.
You can download our transfer form by clicking on the button below.
For assistance with making a gift of publicly listed securities, please contact Executive Director Amy McKinnon at 519.372.3925.