Donating Securities
A tax-smart and impactful way to give.
We're grateful to accept gifts of securities, including publicly-listed stocks, bonds, and mutual funds. And we're happy to let you know these gifts not only have a meaningful impact on the work we do but also provide you with valuable tax benefits.
When you transfer securities directly to Wonder’neath Art Society, rather than sell them and donate the proceeds, you can avoid tax on capital gains. You'll also receive a tax receipt for the total value of the securities. This tax receipt:
helps you immediately reduce the amount of tax you pay on your income.
can be carried forward if your donation exceeds your annual limit and used in any of the next five years.
can help reduce the taxes on your estate in the year of your death, allowing more of your estate to go to your beneficiaries.
Giving is easy:
You can donate online through CanadaHelps, who will, in turn, forward the proceeds to us.
Gifts of securities can be made during your lifetime or as a gift in your will. We suggest you consult your financial advisor to seek independent advice when executing gifts of securities, property, life insurance, and other legal agreements.
If you or your advisor have any questions, contact:
Heather at 902-454-6860 or heather@wonderneath.com
Melissa at 902-454-6860 or melissa@wonderneath.com