Give More. Get More Back.

CanadaHelps makes it easy to donate securities, including stocks, bonds, and mutual funds, to any charity in Canada.
It’s better for you and your favourite charities.

While we will continue to process donations of securities up until December 30th, to best ensure your gift qualifies for a 2024 tax receipt, complete your mutual funds donation before December 6th or all other securities donations before December 13th.
 
Donate Now

 

Benefits of Donating Securities

 

Reduce Capital Gains Taxes

Reduce Capital Gains Taxes

In most cases, donating appreciated stocks, mutual funds or stock options means you pay no tax on the capital gains. Or save your charitable tax credits for future tax returns within 5 years of the transaction.

Instant tax Receipts

Instant Tax Receipts

You receive the charitable tax receipt for the market value on the date the security is received by our broker. Learn about charitable tax credits.

Choose one or more charities

Choose Your Charities

At CanadaHelps, you can choose from over 85,000 registered Canadian charities. You can also choose multiple charities!

 

Start the process

 

How do donations of securities and mutual funds work?

Get the inside scoop on gifts of securities with CanadaHelps brand ambassador and Finance expert Patti-Lovett Reid in our latest webinar.

 

Make a bigger impact when you donate securities directly

By donating securities directly to a charity as opposed to selling them and donating the proceeds, the capital gains tax can be eliminated. This means more money for the charity and a greater charitable tax credit for you.

Sell securities for cash. Donate after-tax proceeds. Donate securities directly using CanadaHelps
Original Cost of Securities $1,000.00 $1,000.00
Current Market Value $5,000.00 $5,000.00
Capital Gain $4,000.00 $4,000.00
Tax on Capital Gains $920.001 $0.00
Donation Amount After-Tax $4080.002,3 $5,000.003
Your Charitable Tax Credit $1,876.001 $2,300.001
Your charity gets $920 more!
Your charitable tax credit is $424 more!
Footnotes

1) This assumes a 46% marginal tax rate. For calculating capital gains tax, this rate is applied to 50% of the capital gain. Note: As of June 25, 2024, the capital gains inclusion rate for individuals increased from one half (50%) to two thirds (66.67%) on the portion of capital gains realized in the year that exceed $250,000. The Alternative Minimum Tax (AMT) is a parallel tax calculation that allows fewer deductions, exemptions, and tax credits than under ordinary income tax rules. The taxpayer pays the AMT or regular tax, whichever is the higher, depending on their individual income and tax profile.

2) $4,080.00 represents the full value of $5,000.00 minus estimated tax of $920.00.

3) 3% fee applies to donations less than $10,000; 2.5% fee applies to donations between $10,000-$49,999; 2.25% fee applies to donations between $50,000-$99,999; 2% fee applies to donations $100,000+.

4) This material is intended to provide general information and should not be construed as financial or taxation advice without first consulting with your legal and/or financial advisor.

 

 

It’s simple and easy. Get started today.

Fundraising with CanadaHelps
  1. 1
    Fill our online securities donation form. Upon completion, you will receive an email confirming all the details of your pledge.
  2. 2
    Complete the provided Letter of Direction form and send it to your financial advisor or investment firm. This authorizes the transfer of shares to CanadaHelps.
  3. 3
    Once shares are sold, we will send you a confirmation email with your charitable tax receipt and disburse the proceeds to the charities you selected.

 

Additional forms may be required by your bank if you are not using a broker or advisor to facilitate your transfer. Please contact your bank for details.

Donate Now