Wills and Gifts of Stock

Leave a legacy at Canuck Place.

Do you need to create or update your will?

Canuck Place is proud to help donors like you finalize your Will.

To find out more information, contact [email protected]

Gifts of Stocks & Securities

We are here to help you with your special gift.

Canuck Place is happy to accept generous donations of securities, the value of which will support children and families all over BC.  If you are interested in donating in this way, please contact Jessie Lanigan at [email protected] or call 604-646-0611

How to give

  1. Instruct your broker. Download and complete this form.
  2. Inform Canuck Place of your gift using a copy of the form.

Canuck Place will issue you a tax receipt upon receipt of the transferred shares (which can take some time).

Your gift of publicly-traded securities – including shares, mutual funds and stock options – is a cost-effective opportunity to transform an asset into immediate and significant support.

A gift of appreciated securities is a worthwhile giving alternative. You decide how you want to give, and the elimination of capital gains tax on gifts of appreciated securities provides you with a substantial tax incentive for donating stock.

You will be entitled to a donation receipt for the full market value (resale) of your contribution.

Your gift of securities will result in a generous, non-refundable tax credit that will have the effect of lowering your income taxes. You can use your tax credit in the year of your gift or carry it forward for up to five additional years.

The following example illustrates the benefit of gifting stock to make a donation versus selling the stock and donating the cash to charity:

Sell shares and gift cash to charity Gift shares to charity
Proceeds of disposition (a) $10,000 $10,000
Adjusted cost base (b) $2,000 $2,000
Capital gains (c = a – b) $8,000 $8,000
Tax on capital gains

(d = (c x 50%) x 46%)*

$1,840 $0
Donation tax credit

(e = a x 46%)

$4,600 $4,600
Net tax savings from $2,760 $4,600

*The tax rate paid on your last dollar of taxable income.

This example provided is for illustration purposes only. Please consult your financial and/or legal advisor for tax-effective giving that is most suitable for you. Your charitable receipt will be valued based on the closing price on the day when the shares are legally transferred to Canuck Place’s account.

Leave a Gift in Your Will

One of the easiest ways to leave a legacy gift is by including Canuck Place in your will. We have prepared some helpful sample wording to get you started.

Sample Bequest Wording

The following sentences could be included in your new will or added as a codicil to your existing will.

Specific Bequest

“I give to CANUCK PLACE CHILDREN’S HOSPICE, the sum of ($ amount).”

Estate Residue

“I give all (or ___% of) the residue of my estate to CANUCK PLACE CHILDREN’S HOSPICE.

Note: this sample wording is provided as information only and does not constitute legal advice.  Please contact your lawyer.

Write your Will for Free 

As a thank-you to our generous donors, we partnered with the Canadian Free Wills Network to help you write or update your Will for free.

For more information and to connect with a lawyer in your area, please contact our Legacy Giving team.

Speak with your advisor

To help you start the conversation about how to leave a gift in your Will, we’ve assembled this step-by-step guide to navigating the conversation with your financial advisor.

Learn about leaving your mark or how you can have your will completed for free by contacting our Legacy Giving team at  [email protected]

Canuck Place Children’s Hospice Foundation: 86370 4920 RR0001 

COVID-19 Information updates for families and donors. Learn more.