A gift of securities can be an ideal way to support the work God is doing through Focus on the Family Canada while avoiding the tax burden of capital gains.
In 2006, the Canadian government eliminated the tax on capital gains when securities are donated to a private charity. Under this law, you are able to give securities directly to a charity, pay no taxes and receive a charitable tax receipt for the fair market value of the securities – either the closing value on the day of transfer or the proceeds of the sale, before commission and brokerage fees if sold on the day of transfer.
Simply download and complete the “Donations of Stock” form and send a copy by fax, mail or email to your broker AND Focus on the Family Canada. (To protect your privacy, your broker will not pass along your name to us when your gift of shares is transferred. We need to hear from you directly in order to thank you and send you your tax receipt.)
Download the formFor more information on how to give a gift of securities, please email us at [email protected] or call 1.800.661.9800.