Gifts of Securities
A novel way to donate
By choosing to gift your publicly traded securities, you may save
on tax while supporting community cancer care.
Shares, bonds, or mutual funds
In 2006, the federal government eliminated the capital gains tax on donation of publicly traded securities to registered charities. This means that you will not pay income tax on the capital gain triggered by your gift of securities. To be eligible for this preferred tax treatment you can donate publicly listed shares, prescribed bonds or units of mutual funds.
Please consult your own professional advisor for information specifically related to your circumstances and to confirm tax benefits.
Fair market value
The Ottawa Cancer Foundation recognizes the potential volatility in daily market prices and the need to act quickly and efficiently in representing the interests in both our donors and The Ottawa Cancer Foundation.
The value of the gift and the resulting tax receipt will be determined by the value of the securities at the close of trading on the date received.
How to get started
You will need to advise your broker/advisor of the following information:
- The transfer of securities will be made to The Ottawa Cancer Foundation.
- The transfer is to be made in negotiable form.
- The transfer should be made to TD Waterhouse, Private Investment Counsel.
Please complete complete the Securities Donation Form and share it with your broker/advisor and The Ottawa Cancer Foundation.
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