Gifts of Securities

Gifts of Securities

Start your Year-End Giving Now:

To help ensure your Appreciated Securities are processed by the end of this calendar year, we encourage you to start the gift-in-kind started as soon as possible:

  • Submit your forms before Nov. 30th for Mutual Funds & Exchange-traded Funds (ETFs) and Donations originating from IG (Investors Group).
  • Submit your forms before Dec. 15th for any other Stock Donations.
 
For Questions or submissions outside of the above dates contact Brian Dol.
 

New Forms:

Be sure to contact Brian Dol for our new Investor Edge forms.

Year-End Tax Receipts:

All donations received at the brokerage after December 15th will have their tax receipts generated in the new year.

Donations received at the brokerage:

  • Before January 1st, will have tax receipts backdated to the date they arrived in 2024.
  • On or after January 1st, will have tax receipts dated for the date they arrived in 2025.
 

Lower Commissions:

Stocks and ETF’s   $6.96

Canadian and US Options $6.95 + $1.25

Money Market Mutual Funds – Free

All other Mutual Funds – $6.95

For Questions contact Brian Dol.
 

Donor Advised Fund:

Q: Is a donor advised fund for you?

A: We offer a simple solution to your annual or long term giving.

Q: Does your money earn a good return and benefit charity?

A: Contact us to learn how!

How to Donate your appreciated securities to charity using CSS.

Gifts of SecuritiesCSS is happy to help facilitate these gifts of stocks and mutual funds to Canadian charities you wish to support. CSS will then distribute your gift to as many charities as you wish using our Gift Distribution Service. Follow this simple process to make this happen, but please allow some time for these steps to take place.

  1. Contact Brian Dol to obtain our transfer forms or to ask questions
  2. Submit the Form to your broker/investment advisor to put the transfer into action
  3. Supply your information to CSS so we are expecting your gift to arrive
  4. CSS sells the securities, issues you a tax receipt and follows your requested instructions to:
    • Send the gifts to the charities you authorized, or
    • Deposit your gift into a CSS Donor Advised Fund (find out more here).  You can then distribute gifts from the DAF through our MemberNET online service (find out more here) or by sending us a Letter of Direction (form here).  

What is the advantage of gifting appreciated securities over simply writing a cheque?

We know you don’t give to charity just because of the tax breaks, but extra 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 just 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 value has increased). However, if you give the security directly to charity in kind the government forgives the entire gain. 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 favourite charities just as you do now, but much more efficiently from a tax perspective! CSS also offers a simple-to-open Donor Advised Fund to hold your gift if you do not want to distribute it all immediately.

For further information contact Brian Dol below

 

Brian Dol
Financial Resource Officer
Christian Stewardship Services

Phone: 800.267.8890 Ext 220  

 

Email Brian
Gifts of Securities