Gifts of Securities
Donate publicly traded securities, mutual funds, ETF's, or stocks to support
the Centre and receive tax benefits.
“I donate annually to the George Hull Centre to help fund its great work, while also taking into account tax
benefits. By donating publicly traded securities every year, the Centre gets the benefit of capital appreciation on those securities
while I am spared capital gains tax. Donating in this manner is simple and easy ” – Bob, Donor
*Assumes 53.53% individual tax rate.
In this example, if you gift securities to the George Hull Centre, you avoid paying capital gains tax and therefore you are able to donate the full market value of $5,000. That is a savings of $1,070 in capital gains tax. Additionally, your charitable tax credit is greater by $482 for a total of $2,250 than if you had sold the shares and donated the proceeds as cash.
Donations of securities are simple and easy! You can conveniently transfer securities, mutual funds or stocks electronically from your brokerage account. To initiate your gift, simply complete the form below.
If you would like more information about donating securities, please contact Seana Massey, Chief Development Officer smassey@georgehull.on.ca or 416.622-8833 ext. 244.
* Consult your financial advisor to decide which investments make the most financial and philanthropic impact for you.