Gift of Securities
This unique way of giving can help reduce your tax bill while amplifying the impact you have for conservation.
One of the most cost-effective ways to support the Bruce Trail Conservancy is with the gift of securities today or through your estate.
Securities can include stocks, mutual funds, segregated funds, bonds, flow-through shares, and employee stock options.
Benefits of Donating Securities
By donating securities directly to the Bruce Trail Conservancy, rather than cashing them in and donating the proceeds:
- You eliminate the capital gains tax
- You receive a charitable tax receipt for the full closing value of the securities
- You can make the donation easily. The transfer can be done electronically by your broker from your account to the Bruce Trail Conservancy’s account.
Donating securities is easy and efficient
Download our securities transfer form >
- Contact the Bruce Trail Conservancy to advise us of your gift at 1-800-665-4453 ext. 233 or kalbrecht@brucetrail.org
- Complete the securities transfer form and send one copy to your broker and the other to the Bruce Trail Conservancy by mail, fax or email.
- Your broker initiates the trade and transfers your gift of securities to the Bruce Trail Conservancy. This usually happens electronically and within 3-5 business days.
- Bruce Trail Conservancy sells the securities and receives the current value.
- You receive a tax-receipt for the full closing value of the securities on the day the Bruce Trail Conservancy receives it.
- Your gift contributes to preserving a ribbon of wilderness, for everyone, forever.
Please seek professional advice from a financial advisor before making a gift of securities, and for a full explanation of the tax benefits for you.
Gift of Securities Scenario
A gift of securities to the Bruce Trail Conservancy is an investment in our mission of preserving a ribbon of wilderness, for everyone, forever.
Your best tax advantage for a gift of securities is a direct donation, as the federal government has eliminated the capital gains tax payable on the appreciated value.
Example:
| Donate Shares Directly | Sell Shares and Donate Cash | |
|---|---|---|
| Gift Amount | $10,000 | $10,000 |
| Amount Paid for Shares | $2,000 | $2,000 |
| Capital Gain | $8,000 | $8,000 |
| Taxable Capital Gain at 50% | $0 | $4,000 |
| Tax on Capital Gain (Assuming 46.41%*) | $0 | $1,856 |
| Charitable Tax Receipt | $10,000 | $10,000 |
| Tax credit at marginal rate | $4,641 (Gift amount x 46.41%*) | $4,641 (Gift amount x 46.41%*) |
| Net tax savings | $4,641 (Tax Credit – Capital Gain Tax) | $2,785 (Tax Credit – Capital Gain Tax) |
| Total tax savings from donation | $6,497 (Tax Credit + Capital Gain not paid) | $2,785 (Tax Credit – Capital Gain Tax) |
| Net Cost of gift | $3,503 (Gift – Total Tax Savings) | $7,215 (Gift – Total Tax Savings) |
*Assumes gift made in Ontario at marginal tax rate of 46.41% – marginal tax rates for each province and individual differ
This scenario is for illustrative purposes only. Please consult your financial or tax advisor to determine what method of giving will be the most tax effective for you.
Download printable version of this Gift of Securities Scenario [pdf]
For more information, contact:
Gloria Vidovich
Planned Giving & Donor Relations Officer
(905) 529-6821, ext. 248
gvidovich@brucetrail.org
