"Transferring securities is a great way to maximize support because our family receives a tax receipt for the donation and we are not taxed on any capital gains accumulated."
- Jacqui McFarlane
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With the elimination of capital gains on donations of publicly traded securities, securities become an even more tax efficient means of making a charitable donation.
Gifts of securities are entitled to a tax receipt for the fair market value of the donation. Listed and publicly traded securities include:
- Stocks and bonds
- Bills
- Warrants
- Treasury (or similar)
- Futures traded on approved stock exchanges
- Mutual funds
Securities donated through a bequest will receive a tax receipt for the value of the funds on the realization date, which is then applicable to the final tax return for the estate.
For more information on making a gift of securities, please contact Major Gifts/Planned Giving Officer Rena Molinari at (204) 477-3126 or at rmolinari@vgh.mb.ca
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