The 2006 Federal Budget introduced a special tax incentive on gifts of Publicly Traded Securities and Mutual Funds.  You can give a gift of publicly traded securities to MOD and eliminate the capital gains tax. If you own stocks or mutual funds that have grown in value, you will face a tax bill when you sell them.  By donating them directly to MOD, you can reduce your tax bill, and make a significant gift at the same time.

Gifts of Publicly Traded Securities and Mutual Funds – The Benefits to You

• Opportunity – It provides an opportunity to make a significant gift during your lifetime.
  
  
• Tax Advantages – By donating your appreciated securities or mutual funds directly to MOD you can eliminate your capital gains tax bill.
  
  
• Reduced Expenses – The actual cost of making the gift is reduced.
  
  
• Reduced Brokerage Fees – Many brokerage houses forego fees for charitable transactions.
  
  
• Simple and Convenient – Securities are easy to transfer.  Your broker transfers the shares from your account to MOD’s brokerage account.
  
  
• Recognition – Depending on the size of your donation, you will be acknowledged in one of March of Dimes recognition societies.

How does it work?

A donation receipt is issued for the fair market value of the security on the date of transfer.  The securities must be transferred to MOD and not be sold by you, the donor. The gift will not qualify for the reduced capital gains tax if the securities are sold and the cash is then gifted to a charity.

Please Seek Expert Advice: If you are thinking about transferring assets that have appreciated in value, you should seek expert advice from a tax specialist or your broker. MOD strongly recommends professional advice to ensure that your financial goals are considered, your tax situation reviewed, and that your gift is tailored to your circumstances. 

Why March Of Dimes:

• Why March of Dimes makes a difference
  
• Did you know
  
• March of Dimes opens TSX

Donate Now:

• How to Give Your Gift of Securities or Mutual Funds