An in kind transfer of stocks, bonds or mutual funds is a gift to wildlife, clean water and wild spaces, and donating securities directly can have significant tax benefits.
Stocks, bonds, and other investments can be increase in value significantly over time, but when you sell them, your tax liability for all of the gains can be significant. By transferring your securities to Wildsight, you not only receive a charitable receipt for full value of the donation, but you also avoid the capital gains tax you would otherwise owe if you sold the securities. By avoiding the capital gains tax, the net value of your donation to Wildsight is higher, while you still gain the same charitable donation reduction in tax. You can do more for the wild, at the same net cost.
- You’ll pay no capital gains tax when you transfer securities to Wildsight.
- You’ll receive a charitable tax receipt for the full value 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