GIFT OF SECURITIES
Donating securities is one way you can help to change lives and shape our community’s future. Changes to federal tax regulations make this type of giving more beneficial than ever.
Under federal tax changes effective June 2006, you can donate appreciated securities without paying any capital gains tax. In addition, you receive a tax receipt for the full value of the shares. Previously, donors paid capital gains tax on 25 per cent of the gain. While tax incentives are not the only reason to give, they are an important consideration.
CHANGING LIVES
My vision for a better Ottawa includes providing individuals with the services and support they need to move from vulnerability to independence, from a place of weakness to a place of strength. For me, making an annual gift of stock allows me to support this vision and the causes that are close to my heart, while realizing significant tax savings."
Meriel Bradford
WHAT GIFTS ARE ELIGIBLE?
Eligible stocks and securities include publicly traded stocks, bonds, bills, warrants, futures, units in mutual trust funds and shares acquired through employee stock options.
WHY GIVE SECURITIES?
With the tax on capital gains now reduced to zero, this is the most tax-effective way to donate to United Way — more so than selling the securities and donating the cash proceeds.
- A gift of securities to United Way puts money where it is needed the most in the community and where it will have the greatest impact.
- You can leave stock or securities to United Way in your will, thereby reducing the tax burden on your estate.
HOW CAN YOU GIVE?
To learn more about United Way Ottawa and the many giving options available to you, please contact: 613-228-6767; e-mail giving@unitedwayottawa.ca.
