Gift of Securities

You can now eliminate your capital gains tax by donating publicly traded securities directly to your favourite charity. This applies to publicly traded shares, bonds or mutual funds.

If you sell your appreciated securities, you will incur capital gains tax. If you donate them directly to a charitable organization, you will pay no capital gains tax and you will be issued a donation receipt for their fair market value at the time the charitable organization receives the securities.

To arrange the gift transfer, you or your broker need to contact the charitable organization, or check their website, to request a securities transfer form.