Giving gifts of securities such as stocks, bonds and mutual funds is a miraculous way to donate by benefiting both you and the hospital. It is the most tax-effective way to leave a legacy as well as to help ensure expert care, close to home.
As investments accumulate over time, a considerable capital gains tax up to 50% results when you sell these grown properties. Nonetheless, by directly donating your appreciated stocks, you pay 0% capital gains tax. In addition, you will receive a tax credit for 100% of the market value to offset other income. It is easy to arrange, your broker can transfer directly to our trading account.
For more information, please contact us at 604.244.5252.