Gifts of Publicly Traded Securities by Individuals
Donating publicly traded securities—such as stocks, bonds, and mutual funds—is one of the most tax-efficient ways to support Concordia Foundation while making a meaningful impact on healthcare in our community.
When eligible publicly traded securities are donated directly to a registered Canadian charity such as Concordia Foundation, rather than sold first, the taxable capital gain is eliminated. You also receive a charitable tax receipt for the fair market value of the securities on the date they are received in Concordia Foundation’s brokerage account. You can also donate them directly on our Canadahelps.org platform and receive a tax receipt within a few minutes.
By donating securities “in kind,” you can often make a larger charitable gift than if you first sold the securities, paid the capital gains tax, and then donated the remaining proceeds.
Tax Advantages for Individuals
Selling the Securities
Donating the Securities Directly
Capital gains tax may apply to the taxable portion of the capital gain.
No tax is payable on the capital gain for eligible publicly traded securities donated directly to a registered charity.
Donate the after-tax proceeds and receive a charitable tax receipt for the cash gift.
Receive a charitable tax receipt for the full fair market value of the securities at the time of the gift.
Less value may ultimately be available for your charitable gift.
More of your investment can support the charitable causes you care about.
Selling the Securities
Capital gains tax may apply to the taxable portion of the capital gain.
Donate the after-tax proceeds and receive a charitable tax receipt for the cash gift.
Less value may ultimately be available for your charitable gift.
Donating the Securities Directly
No tax is payable on the capital gain for eligible publicly traded securities donated directly to a registered charity.
Receive a charitable tax receipt for the full fair market value of the securities at the time of the gift.
More of your investment can support the charitable causes you care about.
How It Works
- Contact Concordia Foundation to obtain our securities transfer instructions. Or see our secure online platform to make a donation online: https://www.canadahelps.org/en/dn/100167
- Instruct your financial advisor or brokerage firm to transfer your securities directly to the Concordia Foundation.
- Once the securities have been received, we will issue an official charitable donation receipt based on the fair market value, in Canadian dollars, on the date the securities are deposited into our brokerage account.
Tax rules are subject to change, and each donor’s circumstances are unique. Concordia Foundation encourages donors to consult their financial advisor, accountant, or legal professional to determine how a gift of securities can best support their charitable and financial objectives.
