The donation of securities is a win win situation for everyone. When you sell securities that are worth more than what you paid for them, you incur a capital gain and are taxed on that gain. If you donate those securities, rather than the proceeds from their sale, you will be issued a tax receipt for the full value of the securities, thereby decreasing the amount of income tax you have to pay, while allowing the Batshaw Centres Foundation to benefit from your capital gain. By making your gift in this way, you are maximizing both your gift to the Batshaw Centres Foundation, and your tax savings.
Please contact us by phone, 514-989-1885, #1011 or email us at email@example.com for more details or click here to donate securities online.