There are significant tax benefits in donating your securities to the Canadian Women’s Foundation.
Did you know that by donating appreciated stocks, you avoid paying capital gains tax? And donating depreciated stocks will give you the opportunity to offset certain past and future capital gains.
You will also receive an official donation receipt in the amount of the fair market value of the securities donated, thus allowing you to claim a charitable tax credit immediately. Any unused deductions can be carried forward over the next five years. Download the Stock Donation Policy And Guidelines form.
Note: Actual share must be transferred to Canadian Women’s Foundation. If the shares are sold and only the proceeds are donated, the enhanced tax benefits do not apply.
For more information or to discuss your gift designation, email Laura Owen, Director, Philanthropy, or call 1-866-293-4483 ext. 254.