Gifts of Securities

Canadian donors can now donate publicly traded securities (shares or mutual funds) directly to charities without having to pay the capital gains tax. This is a cost-effective way to make a donation that comes with a substantial tax incentive. By donating securities, donors pay no tax on capital gains, receive a tax receipt for the fair market value of the securities, as well as reduce their taxes.

Please print or download a copy of each of the following:

Then call Link Charity for help in:

• Selecting one of Link Charity’s receiving brokerages, and
• Determining the appropriate donation process for your situation.

**We encourage you to verify if your charity is a Qualified Donor as prescribed by the CRA before transferring any securities.**

• Significant tax savings on donated shares.
• Donors receive a charitable receipt for the full market value of the donated security.
• Excellent tax planning strategy when considering downsizing, retirement, or at estate time.

How Can Link Charity Help With Your Gift Of Securities? 

If the charity you would like to donate a gift of stock to does not have a brokerage account, Link Charity will accept the security, sell it, and give the cash proceeds to your charity. Currently, Link Charity has 10 brokerage accounts open to meet the needs of donors, including our newest broker, Investors Group.

Once the stock is transferred to Link Charity to be sold, Link Charity will distribute the proceeds to as many charities, in whatever amounts you choose.

If you have the stock you wish to sell or you are subject to a takeover, but you have not decided what charities should receive the proceeds or you want the proceeds to be given out over several years, Link Charity can fulfill both requests on your behalf.

If you wish to make an anonymous gift but do not have a way to pass the proceeds on to the charity without being identified, Link Charity can do so on your behalf and ensure your identity is protected.