A donation of securities or mutual funds is the most efficient way to give charitably. Since capital gains taxes don’t apply, our charity receives the full fair market value when the security is sold, and you get a tax receipt which will reflect your larger contribution. This allows you to give more and get more.
CanadaHelps, our trusted partner, will process the donation of your security on our behalf. Here’s how it works:
Complete the online pledge
Provide details about your securities or mutual funds donation. Once complete, download the Letter of Direction form. You will also receive an email confirming your pledge. CanadaHelps will receive and process your pledge.
Send the completed Letter of Direction
You’ll need to send this letter to authorize the transfer of your shares to CanadaHelps. It typically takes 1 to 2 working days for the transfer to settle within the CanadaHelps account.
CanadaHelps will promptly sell the shares
Once proceeds are received, CanadaHelps will send you a detailed confirmation email with your charitable tax receipt and disburse the proceeds from the sale to our charity.
Do you use a Direct Investing platform such as RBC Direct Invest, TD Waterhouse Direct Investing, Scotia iTrade, or QuestTrade?
You may need to complete the Letter of Authorization/Direction Form available from your Direct Investing firm. The Letter of Direction we provide at the end of your pledge includes all the information you will need to complete their form.