Gifts of Securities

Making a gift of publicly traded securities, mutual funds, or stocks, is a simple and easy way to support The George Hull Centre. 

Since gifts of securities come from assets rather than income, you’ll receive more favourable tax treatment, enabling you to make a larger gift in support of children and youth with mental health issues. Not only do you receive a tax receipt for the fully appreciated value, you will not have to pay capital gains tax.  

Example:


 

 

 

 

 

*Assumes 53.53% individual tax rate. Talk to your financial advisor or accountant to see how this applies to you.

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. 

Transfer of Securities Form

Alternatively, you can now donate securities online through Canada Helps secure online giving platform. Click here to donate securities online.

If you would like more information or require any assistance, please contact Seana Massey, Director of Development at 416.622-8833 ext. 241 or email smassey@georgehull.on.ca.

 

Charitable Registration No. 10808 2918 RR0001