Gift of Securities
To encourage charitable giving, the federal government provides tax credits when you donate to a registered charity like the Cape Breton Regional Hospital Foundation. A further tax benefit is provided if you donate certain publicly traded securities in-kind.
Therefore, by giving the gift of securities to our Foundation, you will be positively impacting and strengthening healthcare in Cape Breton, leaving a legacy, and receiving a tax credit to use to reduce taxes payable by your estate.
There are a variety of types of publicly traded securities, which can become gifts to our Foundation.
- Shares, (prescribed) debt obligations or rights listed on prescribed stock exchanges across Canada as well as many foreign stock exchanges.
- Shares of capital stock of a mutual fund corporation.
- Units of a mutual fund trust-interests in related segregated fund trusts (a mutual fund relating to an insurance policy).
If you are ready to transfer your investments, please download our Transfer of Publicly Traded Securities Form, here.
To learn more about giving the gift of securities to the Cape Breton Regional Hospital Foundation, please contact Caitlyn MacDonald at 902-563-8585 or [email protected].
Please note: As with any planned gift, the Cape Breton Regional Hospital Foundation strongly advises that you speak with your legal advisor and/or financial planner to ensure your needs and the needs of your family are met.