Did you know that when you donate securities to the Northumberland Hills Hospital Foundation, you don’t pay any tax on the capital gain?
This makes gifting securities a smart way to give a gift.
To be eligible to receive this favourable tax treatment, you must donate the securities directly to the registered Canadian charity – do not sell them first.
You will receive a donation receipt for the value of the donation on the day you made the transfer. You can use this donation receipt to offset taxes payable in the year of the gift.
Examples of publicly traded securities include stocks, bonds, and mutual fund units.
Making a donation of stock is easy to do:
1. Simply download this form and take it to your Investment Advisor.
2. Or call or email Rhonda Cunningham in the Foundation Office at 905-377-7767 – email@example.com