Benefits of Donating Securities
Note: The Canadian Government’s recent tax changes have made it more appealing to donate publicly traded securities to your charity of choice.
A gift of securities to a registered charity like Sleeping Children Around the World is the most tax effective way to donate.
Under new rules, you may donate stocks, bonds, trust units, futures and options, as well as units/shares in mutual funds and you will pay no capital gains tax on the appreciated value. This greatly reduces your out-of-pocket expense of making such a donation.
To help you calculate your tax benefit, you can download an Excel spreadsheet we have prepared for you.
Advantages of Giving a Gift of Stock to SCAW
Donating Securities in Four Easy Steps
Your donation will be used to fund bedkits, unless you specify on the Transfer Form that you wish it to go to the another account listed in our Financial Structure.
If your donation is to be used for bedkits, please indicate on the Transfer Form the inscription you would like to appear on the labels in the bedkit photos.
SCAW's Donation and Investment Policy
All donated securities will be sold as soon as possible after they have been received. The value of your donation is determined by the closing price of the security on the day Sleeping Children receives your securities into our account. A tax receipt for this amount will be forwarded to you.
Note: Shares are considered legally transferred only when delivery is confirmed by our custodial agent.