Legacy Giving - Gifts of Securities
Make a Healthy Investment
When you make a gift of securities to the Health Sciences Centre Foundation, you put stock in knowing you are supporting vital research, education, advanced technology and improved patient care. From funding innovative technology that our medical professionals and patients use, to educating future doctors, nurses and allied health professionals, you help create better, healthier lives for people throughout Manitoba, Northwestern Ontario and Nunavut.
Your gift of securities entitles you to a donation receipt for the full market value (resale) of your contribution. Your gift of securities will result in a generous tax credit that may have the effect of lowering your income taxes. You can use your tax credit in the year of your gift or carry it forward for up to five additional years.
You pay no capital gains tax on the appreciated value (increased price) of your securities. Capital gains tax on appreciated securities donated to a charity was completely eliminated by the federal government in 2006. Donating securities directly to the HSC Foundation avoids the tax on capital gains, maximizes the return on your investment and allows you to use the tax credits against other taxable income.
A minimum value of $1,000 or more will be accepted. This minimum reflects the cost of processing gifts of securities due to costs such as the brokerage commission and market changes.