Gift of Securities
A donation of publicly traded securities is one of the easiest and most effective ways to support Autism Speaks Canada.
Gift of Securities
For tax efficiency, you may wish to consider donating shares of a publicly traded security or mutual fund directly to Autism Speaks Canada (ASC). If your shares have increased in value, 50% of the capital gain is usually taxable as income. However, by transferring the shares directly to charity, the capital gain tax does not apply.
What is a gift of securities?
Stocks and mutual funds are securities. At your request, your financial advisor can transfer specific securities directly to ASC. You can donate shares today, or your estate can donate shares in the future as directed in your Will.
What are the benefits?
- Capital gains tax are eliminated when you gift securities directly to the CCFC
- You receive a charitable tax receipt for the value of the gift thereby reducing your income tax payable
- Donations of stock are easy to arrange
What are my next steps?
- Obtain a “Securities Transfer Form” from Autism Speaks Canada, either by calling us at 1-888-362-6227 ext. 204, e-mailing JohnBranton@AutismSpeaksCan.ca or by clicking here to download the form.
- Fill out your form, fax or scan/e-mail it to your financial advisor and ASC.
- Confirm the details of your gift with your financial advisor.
- ASC will issue you a charitable tax receipt for the closing value of the shares on the date of transfer.
For more information please contact
John Branton
Director of Development
Autism Speaks Canada
Phone: 416-362-6227 ext. 204 or 1-888-362-6227 ext. 204
Email: JohnBranton@AutismSpeaksCan.ca
