Eliminate capital gains tax by donating your securities to Canuck Place Children’s Hospice instead of selling them and donating the cash

Donors can make a gift of a publicly-traded security including shares, mutual funds and options

The advantage to the donor is that there are significant tax savings associated with this type of giving

Canuck Place has a policy to immediately sell any donated securities to convert them to cash.  The donor will receive a tax receipt based on the stock price at the time of the transfer of ownership.

To donate securities, complete the following 2 steps:

Step 1: Download & complete the “Donation of Publicly Traded Securities to Canuck Place Children’s Hospice” form. [1 page PDF]. You will be making a gift to Canuck Place Children’s Hospice to support the immediate care of children and their families. 

Step 2: Fax the completed form to both our investment counsel and to us at the fax numbers indicated on the form

Step 3:  Upon receipt of the transferred shares (which can take some time),  Canuck Place Children’s Hospice will issue you a tax receipt

Tax receipts are issued using the following principles:

• If we receive and sell shares on the same date will use the selling price as the value for the tax receipt. 
• Alternatively, if we receive shares sell in the future then shares can either be valued at the closing bid price on the day we receive the shares for tax receipting purposes.

To speak with someone personally and confidentially, contact us