Consider the possibilities…
Current Canadian tax rules make it advantageous to gift the following types of publicly-listed securities to charities like United Way of Winnipeg:
- Shares, debt obligations and rights listed on designated stock exchanges
- Shares of the capital stock of a Canadian public mutual fund corporation
- Units of widely held Canadian mutual fund trusts
- Interests in related segregated fund trusts
- Prescribed debt obligations
There are several benefits to donating appreciated securities:
- Your donation is exempt from the capital gains tax that typically applies to the sale of a security
- You receive a tax receipt for the fair market value of the donation in the amount of the closing trading price on the day United Way receives the security
- Transfers may be made at any time, including in your Will
- Charities pay no tax on the sale of donated securities
United Way is here to help
To learn more about giving a gift of securities, contact our Planned Giving Manager, Gwenda Templeton (204-924-4235 or gtempleton@unitedwaywinnipeg.mb.ca).
Click here to download a form that will help you make your gift of securities.