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Donating Securities

Securities are also frequently referred to as stocks, shares, mutual funds or exchange traded funds (ETFs). For example, common securities donated by Islanders to the QEH Foundation include Fortis, BCE and also several of Canada’s big banks.

Many of these securities have appreciated significantly, which will result in taxable capital gains when sold. By donating those securities to the QEH Foundation, you will completely eliminate taxes on the capital gains you would have to pay if you sold the security and donated the proceeds. You will also receive a charitable tax receipt for the full amount of your donation .

To get started, please download the Gift of Securities Transfer Authorization Form and follow the outlined process. Please note that it can take 2 – 4 days to complete a transfer of securities. 

 

Questions?

We are happy to answer any questions you might have. Please call us at (902) 894-2425.