It’s easy to make a gift of publicly traded securities, mutual funds or stocks. A gift of this nature offers both you and the charity immediate benefits.
BENEFITS OF MAKING A GIFT OF PUBLICLY TRADED SECURITIES
Tax advantages:
By transferring your securities directly to SickNotWeak, you eliminate the capital gains tax.
You receive a charitable tax receipt for the fair market value of the stock upon transfer.
If your donation exceeds the amount eligible for a tax credit in the year your gift is made,the excess credit may be carried forward for up to five years.
Reduce taxes to your estate: If you leave publicly traded securities to #SickNotWeak through your will, your taxable capital gain may be eliminated and your estate many claim a tax credit of up to 100% of your net annual income in the year of death and the year preceding.
#SickNotWeak is a registered charity. We issue tax receipts for all charitable contributions. CRA Page on donations & Tax Receipts: Canada.ca/charities-giving Charitable Registration No. 78628 6690 RR0001