An in kind transfer of stocks, bonds or mutual funds is a gift to wildlife, clean water and wild spaces, and it also provides some additional benefits for the donor.
Stocks, bonds, and other investments can be good long-term investments, but they become a form of taxable income when converted to cash. By transferring your securities to Wildsight, you not only receive a charitable receipt for the donation, but you also avoid the capital gains tax you would otherwise owe.
This is good news because an in kind transfer of the security itself will give the donor substantial tax benefits, such as increasing your current after tax cash flow. As a donor, you will receive an immediate donation receipt.
What you’ll get in return
- You’ll pay no taxes on capital gains when you transfer securities to Wildsight.
- You’ll receive a charitable tax receipt for the full amount of the donation.
- You’ll know you are protecting wildlife, wild places and clean water
Donate today through CanadaHelps or contact us for more details.
Charitable Number: 134892496 RR0001