Gifts of Securities/Shares
It is exciting when you own stocks, bonds or mutual funds and these investments increase. However, if you wish to convert these to cash, the capital gain is taxable.
One of the most financially sound ways to support the work of Operation Mobilization is to make a gift of appreciated securities to OM Canada. When you donate stocks, mutual funds, or other types of securities to us, you pay no capital gains tax on their increase in value.
OM Canada would try to sell the securities after receiving them, and once a buyer is found, OM Canada will provide you with a charitable tax receipt for the value of the security on the day they are sold.
When you donate securities to OM Canada, you receive the same income tax savings that you would if you wrote a check, but with the added benefit of eliminating capital gains taxes on the transfer.
Complete this form and have your broker transfer the securities to the broker of OM Canada.
Download the Notification of Securities Transfer form here.
Contact us for more information by
1. Calling Andrew Alexander (Director of Development, OM Canada) at 1-877-487-7777 ext. 506
2. Emailing our planned giving staff at email@example.com