During times of economic prosperity, you most likely appreciated gains on your holdings. If you're paying capital gains taxes, you're probably well aware that you can donate publicly listed securities to charities in Canada without incurring any capital gains tax.
During an economic downturn, you may be looking at capital losses on your holdings. If your security value has depreciated and you are thinking of disposing of it, consider donating the cash proceeds to a charity. You’ll receive a tax credit that you can use against other income.
Working together, we can ensure that no matter what tomorrow holds, whether it is new procedures, technologies or medications, the hospital will be here ready to provide top-notch care to you and your loved ones. Together, we will sustain our local community hospital.
Simply download and complete our Gift of Publicly Listed Securities Form. Forward the form to your broker/investment advisor who will handle the transfer and forward a copy to the Strathroy Middlesex General Hospital Foundation.
If you need more information or have any questions, please contact:
Susan McLean, CFRE
Chief Executive Officer