Donation of Stocks, Bonds and Mutual Funds

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Many donors consider marketable securities a tax-effective way to make a donation as the tax on your investment’s capital gain (the difference between what you paid for the securities and their current value) is reduced to zero. This doubles the savings for you as there are no taxes on the capital gain and you receive a charitable tax receipt for the value of the securities, just as if you donated the equal amount in cash.

The amount of your charitable tax receipt is based on the fair market value of the securities, as determined by their closing price on the date of transfer to the Foundation. Securities eligible for gifting to charity are listed securities or publicly traded securities, which include:

  • Stocks and bonds
  • Mutual funds offered by most Canadian mutual fund management companies
  • Treasury bills

If your company can make this gift, your cost will be even less.

CancerCare Manitoba Foundation has engaged the services of BMO Nesbitt Burns to facilitate the receipt of security donations. Please find attached Securities Transfer Form and contact information should you require additional information.

To discuss how you can best direct your gift to the programs or areas at CancerCare Manitoba that are most important to you, please contact Sandra Tym, Director of Finance, at 204-787-2244 or stym@cancercare.mb.ca.

When leaving a gift of stocks, bonds or mutual funds in your will, CancerCare Manitoba Foundation encourages you to discuss your intentions with your legal and/or financial advisors to help choose the best gift for you.

YOUR LIFE INSURANCE

A gift of a life insurance policy will provide tax relief to you today while providing CancerCare Manitoba with the proceeds from the policy later. Proceeds that will help us help others in their battle with cancer.

See our brochure to learn how donating stocks, bonds and mutual funds directly to the Foundation can cost you less.