If you hold investments in publicly-traded securities such as stocks, bonds and mutual funds, you may choose to transfer these investments directly as donations in support of the Archbishop's Appeal or the Archdiocese of Regina.
Gifts of securities have an added tax-benefit in that the donor is not taxed on the capital gain when these securities are transferred directly. The donor also receives a donation receipt for the full market value of the securities on the date they are received into the account of the Archdiocese.
It's best to use investments that are NOT held within an RRSP or RRIF. Please contact Barry Wood at 306 352-1651 Ext. 218 to discuss.
Download information and stock transfer sheet HERE. NOTE: Please notify Finance Office prior to transfer!
If you receive stock options as an employee benefit or if you are involved in the negotiation of an Initial Public Offering or Options Grant for a corporation, you can arrange to use stock options as a charitable donation.
With donations of employee stock options, you do not pay income tax on the value of the taxable employment benefit and you will receive a donation receipt for the full market value of the shares on the date that the shares or the cash proceeds are received by the Archdiocese of Regina. There are a few simple steps to follow to ensure that the transaction occurs according to Canada Revenue Agency guidelines, so please contact Barry Wood at 306 352-1651Ext. 218 or by email at firstname.lastname@example.org for details before proceeding.
With donations of options through an IPO, the cost to you and the board or business partners is virtually zero but the potential benefit for the Archdiocese could be significant depending on the appreciated value of the securities once the holding period expires. There are a few simple steps to follow to ensure that the transaction occurs according to Canada Revenue Agency guidelines, so please contact Barry Wood at 306 352-1651 Ext. 218 or by email at email@example.com for details before proceeding.
Retiring and transferring or selling your family business or family farm? This is a great time to think about how you can use some of the wealth that has grown over the years through your hard work to create a significant legacy for our Catholic family. It is possible in many cases to work with your legal advisors and accountants to create a gift during the transfer or sale of a business that will provide substantial tax-relief.
These gifts require some time for discussion and collaborative planning, so please consider mentioning your interest in creating a charitable gift to your professional advisors early in the process and be sure to contact Barry Wood at 306 352-1651 Ext. 218 or bwoodarchregina [dot] sk [dot] ca to discuss possible options and how you would like your gift used.
Page URL: http://archregina.sk.ca/giving-how-donate/gifts-securities