Ways to give
Gift of Stocks and Securities
Optimize your tax advantages while making a difference.
Supporting Markham Stouffville Hospital through the donation of publicly traded stocks and securities allows you to make a significant gift plus giving in this way offers valuable tax advantages. You have the flexibility to contribute during your lifetime or incorporate it into your estate planning.
Consider the range of giving options available to you, including shares listed on a designated stock exchange, mutual fund shares, or units of a mutual fund trust. The benefits of such contributions are substantial:
1. Capital Gains Tax Elimination*
By donating stocks or securities directly to MSH Foundation, you bypass capital gains tax obligations. Opting to sell your shares for cash and then donating the proceeds would subject you to capital gains tax.
2. Charitable Tax Receipt
Your contribution qualifies you for a charitable tax receipt, effectively reducing your taxable income and providing additional financial benefits.
By considering these giving options, you can optimize your tax advantages while bringing a lifetime of care closer to home.