Gifts of Securities
You can have a direct impact on health care in Richmond by donating publicly traded securities. Giving gifts of securities such as stocks, bonds and mutual funds is the most tax-effective way to make a donation as well as ensuring our community receives the best in care, close to home.
If you sell your publicly-traded stocks that have appreciated in value, you are subject to significant capital gains tax. However, by directly donating your appreciated stocks to a registered charity, you pay 0% capital gains tax. In addition, you will receive a tax receipt for 100% of the fair market value on the day the transfer is received by Richmond Hospital Foundation. The resulting tax credit offsets other income.
Making a gift of securities is easy to do.
- Download the securities in kind transfer form (view pdf →)
- Complete all sections including your name, address and number and type of securities to transfer.
- Connect with your broker/investment advisor to confirm all the information is correct in the form. Your broker/investment advisor will be responsible for effecting the transfer.
- Please provide a copy of the completed form to Richmond Hospital Foundation so that we are aware of your intentions and ensure you receive a receipt for tax purposes as quickly as possible. Forms can be sent directly to Endora Fan, Senior Manager, Legacy Giving (contact information below).
Explore all the Ways to Give
Joyful Giving. Joyful Living.