Home 9 Ways to Donate 9 Electronic Cash Transfer Of Stocks & Securities

Stocks & Securities

A gift of stock to Habilitas Foundation is an easy way to help enhance the quality of life and provide a stronger future for people with physical disabilities.

You can also benefit from tax advantages for the fair market value of your stocks on the date your gift is made.  

The value of your donated stocks can be any amount, and you can also benefit from tax advantages for the fair market value of your stocks on the date your gift is made.

Your lawyer, accountant or financial planner can advise on what method of giving will be the most tax effective in you situation.

Here is an example of the tax benefits:

  Donate Stocks Directly Sell Stocks and Donate Cash
Current Fair Market Value (A) $10,000 $10,000
Amount paid for stocks $5,000 $5,000
Capital gain $5,000 $5,000
Taxable capital gain at 50% $0 $2,500
Marginal tax rate in Quebec 53.33% 53.33%
Tax on capital gain at marginal rate (B) $0 $1,333
Charitable tax receipt for gift $10,000 $10,000
Tax savings from donation tax credit (C) $5,333 $5,333
Net cost of donation = (A) + (B) – (C) $4667 $6,000

Please consult with your tax professional to determine the donation level is the best suited for your situation.

Download form: Electronic Stock/Securities Transfer

Download form: Electronic Cash Transfer

Kindly advise us of your transfer donation by emailing: allyson.reynolds@habilitas.ca

If you require further information please call or email Sean Zikman at sean.zikman@habilitas.ca or (514) 488-0043 ext. 1410

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