Gift of Shares
A gift of shares is one of the easiest and most tax-effective ways of donating. There is a wide variety of publicly-traded securities that qualify and donating is simple and straightforward.
By donating shares directly to a Canadian registered charity like the Montreal Children’s Hospital Foundation (MCHF) you will not only help transform the lives of sick children, but you will also profit from significant tax benefits because you are eligible to two tax savings:
- A tax credit that is typically equal to the highest marginal tax rate
- No capital gains tax on the disposition (donated shares)
The following example shows the results from:
- Donating the proceeds (cash gift) from the sale of shares (Scenario A) - versus -
- Donating shares directly (Scenario B)
If you have any questions about making your own gift of shares to the Children’s, or wish to inquire on behalf of a loved one, please contact Samar El Soufi at 514-934-4846 or firstname.lastname@example.org.