Donating securities allows you to support specialized health care for clients at the Dr. Peter Centre while maximizing tax benefits.
Gifts of securities (such as shares, stocks, bonds, or units in a mutual fund trust) can be used to reduce your taxes due to capital gains or losses.
If you transfer securities that have realized capital gains to the Dr. Peter AIDS Foundation as a donation, you will not be taxed on the capital gain and you will also receive a charitable tax receipt for the fair market value of the securities that you can then use to reduce your taxes.
If you transfer securities that have incurred capital losses, you can apply the loss to reduce your taxes on capital gains realized in the past three years and you also receive a charitable tax receipt that can be applied this year or within the next four years. Please contact your financial advisor for more information on capital gains and losses.
Please note that a tax receipt will be issued for the value of the securities upon receipt by the Foundation, which may differ from the value at the time of transfer.
Find out more: Gifting shares instead of cash could enhance your tax benefit
Dr. Peter AIDS Foundation
1110 Comox St
Vancouver BC V6E 1K5
You can also donate securities anonymously via CanadaHelps.