Stock & Securities

STOCKS & SECURITIES

Have You Considered Making a Gift
of Listed Securities?

Do you have securities (stocks, bonds or mutual funds) that have increased in value significantly since you purchased them? Did you know that charitable gifts of listed securities are exempt from capital gains tax?
When selling or cashing in securities you are taxed on 50% of the capital gain. If, however, you choose to transfer (donate) the securities to a charity, like the University of Ottawa Heart Institute Foundation, you are exempt from paying capital gains and receive a charitable tax receipt for the fair market value of the securities.
The charitable tax receipt can then be used to offset your taxes.

Is a gift of Listed Securities right for you? Learn more

Are you ready to make a gift of Listed Securities? 

Download our transfer forms for more information and step-by-step instructions. If you need assistance or have questions, please contact Jessica Roback, via telephone 613 875 9605 or email jroback@ottawaheart.ca. All conversations are confidential.

What is Alternative Minimum Tax (AMT), and why should some donors be worried about it?

There will be potential changes to the AMT starting on January 1, 2024.These updates may impact the rate at which charitable gifts will be taxed, specifically gifts of securities. New legislation may increase the need for donors to obtain professional advice.

Learn more about this latest development and how you can still make your philanthropic plans this year.

Moderator:

Lianne Laing

V.P. Philanthropy, UOHI

President, Foundation

Contributors:

Paul Labarge, C.M

Founding Partner of LaBarge Weinstein LLP, Former Chair, UOHI

Ian W. Hendry, FCPA, FCA, TEP 

Founding Partner, Hendry Warren LLP, (Retired) Chartered Professional Accountants

 

Watch now on the Heart Institute Youtube channel

For further advice, please contact: info@hwllp.ca