Gifts of securities
Give more while spending less
Did you know that if you donate shares directly to Centraide of Greater Montreal, you won’t have to pay tax on 50% of the capital gain, which you would have to pay if you sold them first?
Instead of selling the shares and donating the proceeds, you’re better off giving the shares to Centraide. That way, you’ll get a receipt for the full 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 $4,845
- Savings in capital gains tax: $0
- Tax credit: $5,155
A donation of $20,000 in securities will cost you $5,050
- Savings in capital gains tax:* $4,640
- Tax credit: $10,310
*Based on salary earnings of over $200,000.
PDF format/ 263.8 KB
PDF format/ 77.8 KB
To learn more about donating securities to Centraide
Please contact Marie-Hélène Laramée at 514 288-1261 extension 233, or firstname.lastname@example.org.