Avoid paying capital gains tax on the sale of appreciated stock Receive a charitable income tax deduction Further the FINCA mission today

Additional Information

You are exempted from any capital gains tax on a charitable gift of publicly traded stocks or securities. Example of tax advances: You might wish to make a charitable gift of $10,000 by selling or donating stocks that cost you $4,000 to purchase, with a capital gain of $6,000. If you sell the stocks and donate the proceeds, you would claim a charitable tax credit for your donation but would also be assessed capital gains tax on 50% of the increase in value of the stocks. By donating the stocks directly to FINCA Canada, you get the charitable tax credit for the donation, and you are exempted from any capital gains tax. The direct donation option in the example provided would result in a reduction in capital gains tax of up to $1,400, depending on your tax bracket. Source: Department of Finance Canada, Budget 2006, Eliminating Capital Gains Tax on Donations to Charities (May 2, 2006) The following links will provide you with more detailed information on how to give a gift of stocks or securities to FINCA Canada. Information Sheet on Donating Stocks and Securities Transfer Information For Your Broker Instruction Sheet on Gifts of Stocks For more information about your donation of stocks, please contact Tahrim Huda: Email: Tahrim.Huda@FINCACanada.org Phone: 855-903-4622. A gift of appreciated securities is a highly tax-effective gift option, whether given today or in the future through a bequest in your will.

Avoid paying capital gains tax on the sale of appreciated stock Receive a charitable income tax deduction Further the FINCA mission today

Additional Information

You are exempted from any capital gains tax on a charitable gift of publicly traded stocks or securities. Example of tax advances: You might wish to make a charitable gift of $10,000 by selling or donating stocks that cost you $4,000 to purchase, with a capital gain of $6,000. If you sell the stocks and donate the proceeds, you would claim a charitable tax credit for your donation but would also be assessed capital gains tax on 50% of the increase in value of the stocks. By donating the stocks directly to FINCA Canada, you get the charitable tax credit for the donation, and you are exempted from any capital gains tax. The direct donation option in the example provided would result in a reduction in capital gains tax of up to $1,400, depending on your tax bracket. Source: Department of Finance Canada, Budget 2006, Eliminating Capital Gains Tax on Donations to Charities (May 2, 2006) The following links will provide you with more detailed information on how to give a gift of stocks or securities to FINCA Canada. Information Sheet on Donating Stocks and Securities Transfer Information For Your Broker Instruction Sheet on Gifts of Stocks For more information about your donation of stocks, please contact Tahrim Huda: Email: Tahrim.Huda@FINCACanada.org Phone: 855-903-4622. A gift of appreciated securities is a highly tax-effective gift option, whether given today or in the future through a bequest in your will.

Make a Gift of Stocks or Bonds to FINCA Canada

Give via your financial advisor

The most effective way to donate stocks or securities to FINCA Canada is to have the shares electronically transferred from your brokerage account to FINCA Canada’s account.

STEP 1: Download and complete FINCA Canada’s stock giving form.
STEP 2: Send the completed form to Tahrim Huda at [email protected] so we can track, acknowledge, and issue a charitable tax receipt to you for your stock gift.
STEP 3: Send the completed form to your financial advisor to initiate the transfer.

Give via Givewise

A GiveWise Giving Fund is your personal charitable account—simple, flexible, and tax-smart. Contribute cash or securities, get an immediate tax receipt, and give to your favourite charities anytime, all in one place.

Create a Giving Fund

Avoid paying capital gains tax on the sale of appreciated stock
Receive a charitable income tax deduction
Further the FINCA mission today

You are exempted from any capital gains tax on a charitable gift of publicly traded stocks or securities. Example of tax advances:
- You might wish to make a charitable gift of $10,000 by selling or donating stocks that cost you $4,000 to purchase, with a capital gain of $6,000. If you sell the stocks and donate the proceeds, you would claim a charitable tax credit for your donation but would also be assessed capital gains tax on 50% of the increase in value of the stocks.
- By donating the stocks directly to FINCA Canada, you get the charitable tax credit for the donation, and you are exempted from any capital gains tax. The direct donation option in the example provided would result in a reduction in capital gains tax of up to $1,400, depending on your tax bracket.
- Source: Department of Finance Canada, Budget 2006, Eliminating Capital Gains Tax on Donations to Charities (May 2, 2006)
The following links will provide you with more detailed information on how to give a gift of stocks or securities to FINCA Canada.
For more information about your donation of stocks, please contact Tahrim Huda:
- Email: [email protected]
- Phone: 855-903-4622.
A gift of appreciated securities is a highly tax-effective gift option, whether given today or in the future through a bequest in your will.