
Donating Publicly Traded Securities
A Smart Way to Give and Save

Donating Publicly Traded Securities
A Smart Way to Give and Save
Make a Tax-Smart Gift - Donate Stocks Without Using Cash
Donating publicly traded securities, such as stocks, bonds, or mutual funds, is one of the most tax-efficient ways to support the Humane Society Hastings Prince Edward (HSHPE). When you donate these securities directly to HSHPE, you receive a tax receipt for the fair market value of the gift at the time of donation.
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The major tax benefit is that you are exempt from paying capital gains tax on the appreciated value of the donated securities. Normally, selling these assets would trigger a capital gains tax on any increase in value since purchase, reducing the amount available to donate. By donating the securities in-kind, you avoid this tax — meaning your gift can be larger and more impactful.
Additionally, you benefit from a charitable donation tax credit that can reduce your federal and provincial income taxes, often significantly. You can claim the full fair market value of the securities as a charitable donation on your tax return.