Donations of Securities

Why donate publicly traded securities instead of cash?

If you have appreciated stocks in your portfolio, there are significant tax savings in donating securities to registered charities.

The Federal Government has eliminated all capital gains tax on gifts of publicly traded securities to registered charities.

HPIC will issue an income tax receipt to donors of publicly traded securities for the market value on the date of the transfer of the securities to HPIC.

Any gift of securities will be done in consultation with your financial or tax advisors. If you have any questions about making this type of gift to HPIC, please contact us at 1-800-627-1787 or info AT hpicanada.ca.