When you sell stocks or mutual funds, you are required to pay tax on 50% of the capital gain. Gifts of publicly traded securities are subject to generous tax incentives in Canada – there are no capital gains on gifts of securities (stocks, income trust units, bonds, mutual fund units and shares) to charities, making this one of the most tax-effective ways to make a donation to Help Lesotho.
Most importantly, your donation will be put to work right away to support future generations of people in Lesotho.
It is easy to transfer securities electronically from your brokerage account to the Help Lesotho account. We will issue you a receipt for the closing price on the date the transfer occurs. Please follow these steps:
- Kindly complete this Securities Transfer Form with your broker;
- Have your broker contact the Help Lesotho broker (details on the form) to initiate the transfer; and
- Mail or scan a copy of the form to Help Lesotho so we can identify your securities and issue your tax receipt.
Advantages to you:
- Satisfaction: Seeing your gift put to good use today;
- Reduce taxes owing: No capital gains tax paid; and
- Tax relief today: You will receive a charitable tax receipt for the value of the stocks donated.
Information you will need:
- Legal name: Help Lesotho
- Charitable registration number: 82246 8476 RR0001
- Address: 610 Bronson Avenue, Ottawa, ON K1S 4E6
For more information please contact Marlene Caicco, Donor Relations Manager at 613-369-5892 or firstname.lastname@example.org.
*Disclaimer: this information is for reference purposes only and does not constitute nor substitute legal, accounting, or other professional advice. Please consult with your professional advisor, family or legal team to make decisions that suit your circumstances and charitable goals.