Gifts of Securities
As of the passing of the May 2006 federal budget, donations of publicly listed securities are exempted from capital gains taxation, making this one of the most attractive ways to support VON.
If you donate shares to VON Canada directly, you will not pay any capital gains tax normally associated with such a sale of shares! You will receive a tax receipt for the full value of the donation but you are NOT taxed on any gain.
VON Canada can accept different types of securities, including bonds, publicly listed shares and mutual fund units. Consultation with a financial advisor is strongly recommended prior to initiating this type of donation, as this will ensure that the donor receives professional advice tailored to his/her personal financial and tax situation.
Form for Charitable Donations of Securities/Mutual Funds
For more information, or to make a gift of securities today, contact:
Kimberley Côté, Manager, Fund Development