Give the Gift of Stocks or Securities

There are significant tax advantages to donating your stocks or shares directly to Ontario Wildlife Rescue Centre. Stocks, bonds, mutual funds or futures that you donate to Ontario Wildlife Rescue will eliminate your capital gains taxes.

Here’s how it works:

When you sell securities, tax must be paid on 50% of capital gains - the amount that your stock has increased since its purchase. Upon transfer of your securities to Ontario Wildlife Rescue, you will immediately receive a tax receipt for the full market value amount of your donation, as well as exemption from taxation of your capital gains.

For example, Joe purchased a stock for $1000 that is now worth $2000. Normally, upon sale of that stock, Joe would have to pay tax on 50% of the increase of his stock value, in this case $500. By transferring his stock to Ontario Wildlife Rescue, however, Joe will not only be exempt from his capital gains tax, he will also immediately receive a tax receipt for $2000, the full market value of his donation.

Note: Stocks, bonds, mutual funds and futures must be donated directly to Ontario Wildlife Rescue Centre in order for you to receive these tax benefits. Selling your assets and donating the proceeds will not result in a capital gains tax exemption.

If you are interested in taking advantage of these significant tax benefits while supporting wildlife and your community, have your broker or bank contact Sandy at 416-436-9892 or by email.