You can get tax benefits - and help Ruby lead a long and full life - by donating your stocks, bonds and mutual funds directly to the Foundation.
A gift of marketable securities can be a tax-effective way for you to make a donation in support of Ruby. 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.
Securities eligible for gifting to CancerCare Manitoba Foundation are listed securities or publicly traded securities, which include:
- Stocks and bonds
- Treasury bills
- Mutual funds offered by most Canadian mutual fund management companies
We recommend you submit the Securities Transfer Form no later than Friday, December 15 to your financial advisor to have your gift count toward this tax year.