Planned Giving Options
A Gift of Shares or Mutual Funds
The tax advantage of donating publicly listed securities (i.e. shares, bonds or units of a mutual fund trust) directly to St. Paul's Hospital Foundation can make it much more cost-effective for you than giving a traditional cash donation.
Benefits of Donating Securities
The federal government has made tax changes to fully exempt the capital gains tax you would normally pay on the profits of selling publicly listed securities, providing you donate these securities directly to St. Paul's Hospital Foundation. You will receive a charitable receipt for the full market value of the donated securities.
How to Give Securities
Making the gift of securities is very simple as most securities are held electronically and can easily be transferred from your brokerage account to a brokerage account held by St. Paul's Hospital Foundation. This transfer is normally completed in one to two days and the amount of the donation receipt is calculated using the closing price of the securities for the day they are received in the St. Paul's Hospital Foundation's brokerage account.
Please note: It is always a good idea to seek professional advice from your own tax or financial advisor. Remember, even in a down market capital losses in Canada can be carried back 3 years and forward indefinitely to offset capital gains.
We would be pleased to talk with you about how you can set up a gift of shares or mutual funds or contribute to an existing fund. Please contact the Manager of Major Giving at 306-655-5832 or email firstname.lastname@example.org.