When you donate publicly traded stock and securities, you will receive a tax receipt for the full appreciated value of a donation of publicly traded stock or securities and you will not be subject to any capital gains tax.

The benefits of making a gift of stock or securities:

  1. Capital gains tax on publicly listed stocks and securities are exempt when you donate your shares to the Diocese of Toronto rather than selling and donating the proceeds.
  2. The value of your tax receipt will be based on the market closing price on the day foundation takes legal receipt of your stock or securities into our brokerage account.
  3. You may claim charitable donations up to 75 per cent of your net income, and a five year carry-forward on any unused donation amount is permitted.

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