Donating securities can be a strategic way of making a significant donation without tapping into your cash reserves and also getting tax receipt for your contributions.
This is a beneficial strategy for mitigate the tax impact of investments like stocks, bonds, term deposits, or mutual funds that have appreciated since their acquisition.
When you donate these assets to Development and Peace ― Caritas Canada, we handle their sale on the market. This allows you complete exemption from federal and provincial capital gains taxes.
If you own an investment company that generates sufficient income to leverage tax benefits, it could be advantageous for your stock donation to come from your company. This would increase the balance of your Capital Dividend Account (CDA) by an amount equal to the capital gains of the assets donated, all tax-free.
In this way, you could donate at a lower cost while boosting your Capital Dividend Account (CDA) and paying tax-exempt dividends to your shareholders.
A tax receipt for the value of the securities will be issued to you once the transfer to our organization is effected.
Take your support of the mission of Development and Peace ― Caritas to the next level with a stock donation that lets you give more without affecting your liquidity and cash flow.
Do not hesitate to contact :
Philanthropic Development Advisor
Majors donations and planned gifts
T.: 514 257-8710, ext. 315
Toll-free: 1-888-234-8533, ext. 315
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