A gift of stock is an investment in at great Christ centred relief and development organization. You can donate a gift of stock during your lifetime or through a bequest. For further details and benefits, you can read on below and download the gifts of stock donation form. If you have any questions, you may contact our Finance Director, Henry Xu, at 905-415-8181 ext. 250 or through email at firstname.lastname@example.org.
Your best tax advantage for a gift of stock is a direct donation, as the federal government has eliminated the capital gains tax payable on the appreciated value. You or your estate will receive a tax credit to lower the income tax payable.
You can also donate the cash proceeds from the sale of publicly traded stocks, but you’ll have to pay tax on any capital gains so your net tax savings won’t be as high.
The value of your donated stocks can be any amount. Your lawyer, accountant or financial planner can advise what method of giving will be the most tax effective for you.
Download Tearfund Canada’s Gift of Stock Donation Form.
For more information, please contact Henry Xu at 905-415-8181 ext. 213 or through email at email@example.com. Your inquiry and any information exchanged will be held in strictest confidence.
Legacy Society Stories
Some of our Tearfund Legacy givers have generously shared their stories and the reasons why they give.