If you choose to sell securities and donate the proceeds, the capital gains tax will apply and your tax receipt will only be equal to the amount of the proceeds.
While still incredibly generous, your donation could be further enhanced by donating securities directly! If you donate securities, you can eliminate the capital gains tax and receive a larger charitable tax credit!
How can I donate securities and mutual funds?
Step 1
Making commitments inspire organizations to stay the course with their goals and operate in accordance with their values.
Step 2
Being a member of a community with other organizations with similar values is a great way to build a high-quality network.
Step 3
Making and publicizing a pledge to give inspires other organizations to do so too. In order to realize our vision of a Canada that meets the mental health needs of all children, charitable giving needs to be a cultural norm.
Have questions about donating securities or mutual funds? Feel free to reach out using the form below.
