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How to Make Donations of Securities – important new information

A GIFT OF SECURITIES – CONTACT US FIRST FOR MORE INFORMATION
If you have publicly traded shares in your portfolio that would generate a substantial taxable gain if you sold, you can consider donating some of those shares to make your next donation. You will get a tax receipt for the full market value of the shares and there will be no tax to pay on the disposition of the shares.

Please contact our office first if you are considering making a gift of shares. The Foundation works with our local Nesbitt Burns office in Ganges to facilitate your donation. Due to the strict confidentiality policy of all banking institutions, we will not be notified of the donor’s name unless he/she contacts us first directly. Give our office a call at 250-538-4845 and ask for Diana so that we will know to expect your donation.

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