Donating a Gift of Securities
Donating a Gift of Securities (GOS) is just like donating cash but better – for you, for MitoCanada, and for the MitoCommunity we all want to support. This giving solution is an absolute WIN-WIN-WIN that allows you to give more, save more and do more.
Here are just a few of the benefits of a Gift of Securities donation:
- you help MitoCanada while reaping the benefits of Canada’s generous charitable tax credit system
- you pay less tax because Capital Gains Tax is eliminated with appreciated GOS
- you get your tax receipt immediately for the fair market value (FMV) of the appreciated security
The following example illustrates the benefit of gifting stock to make a donation versus selling the stock
and donating the cash to charity: