A donation of securities is a gift of stocks, bonds or mutual funds which a donor can make to your organization. Since capital gains taxes don’t apply, your charity receives the full fair market value when the security is sold, and donors get a tax receipt reﬂecting their larger contribution.
Join thousands of charities raising more accepting gifts of securities -- donations of securities grew by 91% in 2021 alone!
Donors will be asked to provide some basic information. The online tool will automatically produce a “letter of direction”.
The broker/financial institution transfers the shares from the donor’s investment account to CanadaHelps.
The donor signs the letter of direction and sends it to their broker/financial institution.
CanadaHelps facilitates the sale of the securities, issues the tax receipt, keeps the donor informed at each process step, and transfers the proceeds to the charity’s bank account.
What securities are and why they are important for charities and donors;
How you can develop a strategy and leverage key tactics;
The benefits to your donors;
Resources to help your outreach efforts; and,
How CanadaHelps simplifies donations of securities.
The fee charged on donations of securities depends on the size of the gift:
3% applies to donations less than $10,000; 2.5% fee applies to donations between $10,000-$49,999; 2.25% fee applies to donations between $50,000-$99,999; 2% fee applies to donations of $100,000+.
NOTE: The donor’s broker may or may not also charge a fee.