Believing that God has entrusted us with resources,
so we may give generously and joyfully,
we encourage individuals to consider a variety of ways to give.
|Ways of Giving|
|A Child called Charity|
|Revocable Deposit Agreement|
|Donor Advised Funds|
|Gifts of Registered Funds (RRSP/RRIF)|
|Charitable Gift Annuities|
|Charitable Remainder Trusts|
We know you don't give to charity just because of the tax breaks, but tax savings certainly can be helpful! Did you know that if you donate securities (stocks, mutual funds, etc.) which have increased in value that there are additional benefits other than the tax receipt you receive?
When you sell an appreciated security for your own use, you're required to pay tax on a portion of the capital gain (the amount the security has increased). However, if you give the security directly to charity, and don't sell it, the government forgives the entire gain. This has been in place since 2006.
If you are invested in stocks or mutual funds, you should consider discussing how you can use those investments to make your annual donations rather than writing cheques. You'll be able to support the mission of your favorite charities just as you do now, but much more efficiently from a tax perspective! We invite you to call (800-267-8890) for further details.
What if the charity you want to support doesn't have a brokerage account? No problem! CSS is happy to help facilitate these gifts. You can make a transfer of stock to CSS and we will distribute it to as many charities as you wish using our Gift Distribution Service.