Donate securities and/or mutual funds.
You can give a gift of publicly traded securities and avoid incurring the capital gains tax. By donating directly to The Kettle Society, you can reduce your tax bill and at the same time, empower the lives of vulnerable people in our community by providing housing, employment, mental/physical health & community services.
In addition to tax advantages, many brokerages will forego fees for charitable transactions. Your gift can also be honoured during your lifetime!
Securities are easy to transfer. Your broker simply transfers the shares from your account to our brokerage account. The date of your donation will be the date the securities are deposited into our brokerage account. The securities will be valued using the price at the close of trading the previous day. This will be the amount used for the tax receipt.
Connect with us to learn how you can tailor your charitable gift to meet your personal, and financial circumstances while maximizing tax and other financial benefits.
We highly suggest consulting your broker or a qualified financial advisor and we are happy to work with them to find the best solution for you. Please note – The gift will not qualify for the capital gains tax elimination if the securities are sold and the cash is then gifted to a charity.
Please connect with us via email at email@example.com to discuss the donation of securities or mutual funds.