Donating publicly traded securities, such as stocks, bonds, or mutual funds, is a smart, tax-friendly way to support the Lung Health Foundation. If you want to donate securities, the process is simple. It’s a simple way of giving that can have a big impact.
Why give securities?
When you donate shares directly instead of selling them first, you may get important tax benefits:
- No capital gains tax applies to gifts of appreciated publicly traded securities
- You get an official tax receipt for the full fair market value of the shares, based on the closing price on the day we receive them*
- Your gift can have a bigger impact without costing you more out of pocket
How to make a gift of securities
- Complete the Gift of Securities Transfer Form
This form tells us which securities you plan to donate and gives us permission to start the transfer. - Send the completed form to your financial advisor
They will start the transfer for you. - We take it from there!
The form will also be shared with the Lung Health Foundation’s professional advisors, who will receive the shares and complete the transfer.
Once we receive the securities, we’ll issue your tax receipt and send you a confirmation.
Ready to make an even bigger impact?
Please complete and return the Gift of Securities Transfer Form. If you have any questions or would like assistance at any step, we’d be happy to help.
*Our policy is to sell all shares received as soon as possible after they have been received. Your shares are considered legally transferred once our custodial agent confirms they have been received.
Frequently Asked Questions
What kinds of securities can I donate?
You can donate publicly traded securities, including stocks, bonds, and mutual funds.
Why is donating securities directly tax-efficient?
When you donate appreciated publicly traded securities directly instead of selling them first, no capital gains tax is applied to the gift. You also get an official tax receipt for the full fair market value, based on the closing price on the day we receive the shares. That can mean a bigger impact without costing you more out of pocket.
How do I make a gift of securities?
- Complete the Gift of Securities Transfer Form
- Send the completed form to your financial advisor. They will start the transfer.
- The Lung Health Foundation’s professional advisors receive the shares and finish the transfer. You’ll get a confirmation and your tax receipt once the securities are received.
When is my donation considered complete, and how is my tax receipt amount determined?
Your donation is complete once the Foundation’s custodial agent confirms the shares have arrived. Your tax receipt shows the full fair market value, based on the closing price on the day the shares are received.
What happens to my shares after you receive them?
The Lung Health Foundation sells all received shares as soon as possible. Then we issue your tax receipt and send a confirmation. If you have questions or would like help at any step, we’re happy to assist.
Your Donation Can Save Lives!
Empower Canadians to breathe better by supporting the Lung Health Foundation
