You can realize substantial tax benefits by donating publicly traded stock and securities to Bridgepoint
Stock and securities are exempt from capital gains tax when you donate your shares to Bridgepoint Health Foundation.
You’ll also receive a charitable tax receipt for your donation, which you can use to reduce the income tax you pay.
How to donate stock and securities:1. Download the
Securities Transfer Form.
2. Provide a copy of the Securities Transfer Form to:
a) your broker to initiate the transfer of shares
b) for your records
3. Fax the Securities Transfer Form to us at 416-470-6709
or mail it to us at:
Bridgepoint Health Foundation
14 St. Matthews Road
Toronto, ON M4M 2B5
4. Have your broker alert us that the shares have been transferred. This will ensure that you receive your charitable tax receipt promptly. Your broker should contact:
Malcolm Coles
Manager, Advancement Services
Bridgepoint Health Foundation
416-461-8252 ext. 2057
mcoles@bridgepointhealth.caYour receipt will be valued on the closing price on the date when the shares are legally transferred to the Foundation’s account at our custodial agent, RBC Dexia, and accepted by the Foundation. Shares are considered legally transferred only when delivery is confirmed by our custodial agent.
It is Bridgepoint Health Foundation’s practice to sell all donated securities as soon as they have been received.
Professional advice will give you peace of mind
Seek the advice of your qualified financial advisor when considering a donation of stock or securities, to help you balance your financial circumstances and your charitable goals.
If you have questions, we’re happy to help
Please contact:
Malcolm Coles
Manager, Advancement Services
Bridgepoint Health Foundation
416-461-8252 ext. 2057
Your questions will be kept confidential and no commitment is required. We also welcome queries from financial advisors on behalf of clients.