Donate Your Securities (stocks and mutual funds) and get a tax receipt for the full market value!
You can now donate your stocks and / or mutual funds! You won’t incur any taxable capital gains taxes and you will receive a charitable tax receipt for the full market value of your securities, based on the closing price on the day when the securities were transferred. TDHS will receive the full fair market value when the security is sold! Win / Win!
Donation of securities process:
- Fill out the online form with some basic information about the shares/funds and some personal details for tax receipting purposes (i.e. full name, address).
- Using this information, CanadaHelps, on behalf of TDHS, automatically produces a “Letter of Direction” which you, the donor, then downloads.
- The donor signs the letter of direction and provides it to their broker/financial institution.
- The broker/financial institution acts on that direction and transfers the requested number of shares from the donor’s investment account to CanadaHelps’ account, on behalf of TDHS.
- CanadaHelps, on behalf of TDHS, sells the securities on the day they receive them from your institution, arranges the pledge documentation and materials, issues the tax receipt to you, and then transfers the proceeds to the Timmins & District Humane Society!
Easy Peasy!
Use the form below to donate them now!