Gifts of securities
Giving more while spending less
Did you know that if you donate shares which have appreciated in value directly to Centraide of Greater Montreal, you will pay no tax on the capital gain? Whereas if you sell them, you will have to pay tax on 50% of the capital gain.
So instead of selling the shares and donating the proceeds, it is more profitable for you to give the shares themselves to Centraide. That way you will receive a donation receipt for the full fair market value of your gift.
Two examples of donations that will cost you about $5,000
A donation of $10,000 in cash will cost you $5,200
- Savings in capital gains tax: $0.00
- Tax credit: $4,800
A donation of $15,000 in securities will cost you $4,920
- Savings in capital gains tax:* $2,880
- Tax credit: $7,200
*Assuming an adjusted cost base of $3,000 and a tax rate of 48%.
PDF format/ 54.7 KB
To learn more about donating securities to Centraide
Contact Heather Powers byor by telephone at 514 288-1261.
Support the community agencies of Greater Montreal by making a donation to Centraide:
Or take action by