Untitled

Donations of Publicly Traded Securities

downloads & links

One of the most cost-effective ways donors can make a gift to the Foundation is through the transferring of bonds, shares, warrants and options listed on a prescribed stock exchange; mutual fund shares/units and segregated fund units; and / or prescribed debt obligations. Interested? Contact or have your Professional Advisor contact the Community Foundation's Executive Director, at 403-328-5297.

A gift of publicly listed securities [stocks, bonds, options, rights, warrants etc.] transfers ownership to the Foundation. Donors benefit from zero taxable gains on gifts of appreciated publicly listed securities. Gifts of publicly-traded securities are exempt from capital gains tax. A charitable tax receipt is issued for the closing price of the securities on the trading day we receive the gift.

Gifts "In-Kind"

You are NOT required to pay tax on the capital gain that results from the gift. You DO receive a donation receipt for the fair market value of the securities on the day we receive them in our accounts. In-kind gifts may provide almost $200 of additional tax savings for every $1000 of capital gain than would be the case if you sold the shares and gave the proceeds to charity.

A Gift Now

If your securities are held electronically, complete a Gift of Publicly Listed Securities form. Forward a copy to your broker and a copy to us. If your securities are held in paper form, please call our office at 403-328-5297

A Gift Later

You may donate publicly listed securities through a bequest in your will.