GIVING A GIFT OF SECURITIES
Take advantage of tax benefits when you make a donation of stocks, bonds and mutual funds.
A gift of securities can be put to work immediately supporting the programs and services offered to those experiencing poverty in the HRM.
The Power of Security Gifts
Securities, including publicly listed stocks, bonds and mutual funds may be donated directly to Brunswick Street Mission. If you transfer them directly, rather than selling them and donating the proceeds, you will eliminate any capital gains tax that would otherwise be owing. You will also receive a valuable tax credit for the full value of the securities.
Gifts of securities may be made during your lifetime or as a gift in your will. Both will achieve the same tax benefit.
Consult with your financial advisor to decide which of your investments is best to donate.
You can use the resources below to access information on how to initiate the transfer of security to Brunswick Street Mission. Please ensure either you or your broker contacts us before the transfer takes place to voice a delay in the preparation of your tax receipt
- Instructions to transfer publicly listed securities (printable PDF)
- Authorization form to transfer publicly listed securities (printable PDF)
Contact Us to Learn More
Should you have any questions or require additional information about gifts of securities please do not hesitate to contact us however please be advised that professional advisors are in a unique position to better explore how you can support charitable causes and are an important resource in legacy giving.