Ways to support
Gift of securities
Gifts of securities, including stocks, bonds, and mutual funds are an efficient and beneficial way to make a donation as they are subject to generous tax incentives in Canada.
When you sell securities (such as shares or stocks) for more than you paid for them, you have what is called 'capital gain.' If you cash these securities, you will have to pay income tax on 50% of this capital gain. However, if you donate them whole or in kind to TVO, you don't pay any tax on the capital gain.
How to donate stocks or securities
and send a copy to your broker and to us (address listed on the form). Your broker may contact us directly, or if you prefer, we can contact your broker to support you in making your donation.You will receive a charitable donation receipt for the fair market value of the securities on the date they are transferred to our account, and you can use this receipt to offset other taxes.
You can donate securities during your lifetime or through your will.
For more information on leaving gifts through insurance, stocks, bonds or investment policies, connect with your personal financial advisor or feel free to connect with Mark Halpern, a trusted resource in the industry and a resource of information for TVO.
Mark Halpern, CFP, TEP, MFA-P
Certified Financial Planner, Trust & Estate Practitioner, Master Financial Advisor-Philanthropy
905.475.1313 x1
For any further information on leaving a legacy gift to TVO, please contact:
Sue Sheridan
Director
Philanthropy & Sponsorship
1.800.613.0513 x3639