Gifts of Securities
The Canada Revenue Agency has eliminated taxes payable by Canadians who donate appreciated securities (including stocks, bonds and mutual funds) directly to a registered charity.
If you own publicly traded securities that have increased in value and you decide to transfer them, none of the capital gain is taxable and you will receive an official donation receipt for the value of the shares at the close of business on the date the transfer is received into the brokerage account of Mercy Ships Canada.
Donating securities to Mercy Ships Canada is easy. Simply complete our Mercy Ships Canada Securities Gift Transfer Form which includes simple instructions and give it to your Investment Advisor.
You can also donate securities to Mercy Ships Canada by using Canada Helps and click “Donate Securities”.
For more information, please contact our office at [email protected].