Donate
Donate Securities
If you sell a publicly listed appreciated stock, mutual fund or flow through share, you are required to pay tax on 50 percent of the capital gain. However, if you donate appreciated securities to charity, you will avoid paying capital gains tax.
Donating appreciated securities is a more attractive tax strategy than simply donating cash. Donors will avoid their capital gains tax while still receiving the full benefit of a charitable donation tax receipt.
If you are considering this option of donating, Habitat for Humanity Winnipeg recommends you discuss this with your financial advisor or other qualified professional and your family.
If you are interested in donating securities, please contact (204)233-5160 Ext. 215. |
