CCCC Community Trust Fund
Donating Gifts of Securities
Donors can transfer listed securities (e.g., publicly-traded stocks, bonds, or mutual funds) as a gift-in-kind from their brokerage account to a registered charity’s brokerage account. The Income Tax Act provides extra tax relief for such gifts by fully tax exempting the capital gains on those securities. (If the donor sells the securities and donates cash to the charity, a 50% capital gains tax exemption would apply.)
WHAT IF THE CHARITY DOESN’T HAVE A BROKERAGE ACCOUNT?
Charities that do not have a brokerage account are not able to receive these listed securities as gifts-in-kind. The CCCC Community Trust Fund can help by
- receiving the securities from the donor;
- issuing an official receipt for tax purposes;
- selling the securities;
- sending the net cash proceeds to one or more Canadian registered charities, as directed by the donor, with the option for the donor to remain anonymous.
Using the Community Trust Fund
To use this service, simply register for a new account or login below if you have an account already. Contact us if you have any questions.
OTHER COMMUNITY TRUST FUND SERVICES
If you have a large gift that you would like to disburse to Canadian registered charities over time, or if you would like to make an anonymous gift, the CCCC Community Trust Fund can help. Please contact us for details.