If you are an investor, a gift of securities may make more sense from a tax perspective than simply giving cash. When you sell appreciated investments you must pay capital gains tax on 50% of the gain. If you donate the investments, however, you will pay no capital gains tax. In fact some donors can actually make money on their gifts if the charitable tax receipt exceeds the cost of their original investment! Donors can also donate securities that have decreased in value and realize a capital loss that can offset past and future capital gains.
Click here to download the necessary forms to initiate your gift of securities. If you have any questions, please contact Patti Nakatsu, Director of Development at 604-207-4002.
OR
If you wish to give a gift of securities through our online giving platform, please click on the button below:
Retirement Funds
Many people are not comfortable donating retirement funds during their lifetime as they do not know how much money they will need to support themselves throughout their life. When they pass away, however, these funds will be heavily taxed. In fact, in many cases, nearly half of the retirement funds will be lost to taxation. Through careful planning, most or all of the final income tax on a retirement plan can be eliminated by making a charitable gift of all or a portion of the plan.
You can easily leave your RRSP or RRIF to Arthritis Research Canada. There are two simple ways. Your financial institution will provide you with a Beneficiary Selection Form and you can designate The Arthritis Research Centre Society of Canada/Arthrite-recherche Canada on the form. Alternately, you can designate your estate as the beneficiary and then leave a gift in your Will equal to the value of all or part of your retirement funds. In both cases, your estate will receive a charitable tax receipt for the value of the donation.
Charitable Remainder Trusts
Charitable remainder trusts (CRTs) have been specially created to enable donors to make a gift of an asset such as an investment portfolio but continue to receive the investment income from the portfolio for the donor’s lifetime. The donated assets are held in trust for the future ultimate capital beneficiary, Arthritis Research Canada.
Real Estate
Donors can elect to donate a principle residence, investment/recreation property or farm property and receive an immediate tax receipt for the appraised fair market value of the real estate. By giving the gift of real estate, donors can make a significant gift during their lifetime without a negative impact on their cash reserves.
Private Company Shares
Successful entrepreneurs can donate shares in their privately held company rather than simply donating cash. If the company is a qualified small business corporation, there can be significant tax advantages to such a gift.
Call The Director of Development at 604.207.4002 or Toll Free at 1.855.750.0400for more information.
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Click here to download the necessary forms to initiate your gift of securities. If you have any questions, please contact Patti Nakatsu, Director of Development at 604-207-4002.
