Donating publicly-traded shares or mutual funds to Plan International Canada offers you a tax-smart way of making a gift.
You will need to instruct your broker to transfer the securities to Plan International Canada’s brokerage account and inform us by completing the Securities Transfer Form (PDF)
- You pay no tax on the capital gains that have accumulated on the securities.
- Your donation receipt will reflect the closing market value of the shares on the day our brokers receive them.
- Your donation of securities can cover your child sponsorships, support a specific project, or establish an endowment fund.
Please note that electronic transfers of securities can take up to 10 business days. To ensure that the transfer is completed by year-end and that you are eligible for a 2016 official receipt for income tax purposes, we recommend you instruct your broker on the transfer no later than December 15, 2016.
Ontarians Jack and Lynn Brooks had been donating to Plan since 1982 when Lynn gave Jack the gift of sponsoring a child. But it wasn’t until their daughter, who works as an accountant, suggested they consider donating securities to Plan that they discovered there was a more tax-effective way to make their donations count.