CanadaHelps makes it easy to donate securities, including stocks, bonds, and mutual funds, to any charity in Canada.
While we will continue to process donations of securities up until December 30th, to best ensure your gift qualifies for a 2022 tax receipt, complete your mutual funds donation before December 7th or all other securities donations before December 16th.
When you donate securities directly to a charity, capital gains tax is eliminated, allowing you to donate more.
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.
At CanadaHelps, you can choose any of Canada’s 86,000 CRA registered charities. You can also choose multiple charities!
Learn all about giving securities and mutual funds with our expert, Paul Nazareth from the Canadian Association of Gift Planners. Watch our 5-minute crash course on why giving securities is good for you and your favourite charities, and exactly how it works!
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.
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1) This assumes a 46% marginal tax rate. For calculating capital gains tax, this rate is applied to 50% of the capital gain.
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+.
