Giving marketable securities

Recent changes in Canadian tax regulations provide very favourable advantages to donors of appreciated stocks. When you donate appreciated public securities to a Canadian registered charity you receive two tax savings: 1) you receive a tax credit that is typically equal to the highest marginal tax rate; 2) you pay no capital gains tax on the sale.

Taken together, these savings make appreciated securities a very tax-effective way to give a simple donation. The policy of The Nisbet Lodge-McClintock Manor Foundation is to sell donated securities at the earliest opportunity and to issue a receipt for the value realized from that sale.

For any question related to bequests, or gifts of securities, life insurance or other gifts please contact Sandy Hall, Executive Director.

Phone: 416-469-1105 ext. 1123 Email: sandyhall@nisbetlodge.com