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 securities to make a donation versus
selling the securities and donating the cash to charity:

Sell securities and donate proceeds Donate securities directly to MitoCanada
Fair Market Value $10,000 $10,000
Initial cost of stock $2,000 $2,000
Capital gain (FMV less cost) $8,000 $8,000
Taxable gain $4,000 (50%) $0
Tax payable on gain (43.7%) $1,748 $0
Charitable gift receipt $10,000 $10,000
Tax credit (43.7%) $4,370 $4,370
Net tax benefit from donation $2,622 $4,370

Complete the digital form below to donate your GOS now, or read through this additional information.