Gifts of Securities

muhcf-gift-of-securities-800x320

Donating publicly traded stock and securities is an easy and tax-smart way to support the McGill University Health Centre

It is more advantageous for both the donor and the charity to gift the securities directly to the Foundation, rather than sell them and donate the proceeds. The donor will not have to pay any tax on a capital gain if the securities are donated to the MUHC Foundation, whereas if one were to sell the securities, 50% of the appreciated value would be subject to capital gains tax, resulting in a larger tax burden for the donor and a smaller gift to the charity.

A gift will not qualify for the capital gains tax elimination if the shares are sold and the cash is then donated to a charity. The gift must be made “in-kind” to qualify for the capital gains tax exemption, so the securities must be transferred directly into the Foundation’s brokerage account. A donation receipt is issued for the fair market value of the security on the date of transfer.

For more information on transferring securities to the MUHC Foundation, please contact:

Lise Villeneuve, Director of Finance & Technological Infrastructure, MUHC Foundation
Phone: 514 843-1543, ext. 34153

 

Click here to download a GIFTS OF STOCKS and MUTUAL FUNDS donation form.

McGill University Health Centre Foundation Charitable Registration Number: 86843 3947 RR0001

Follow Us

En rejoignant notre fondation, vous devenez membre d’une talentueuse équipe de professionnels spécialisés en collecte de fonds et déterminés à faire une vraie différence dans la vie des patients et de leurs familles.

Poste disponible: Agente ou agent de communication
➡️ bit.ly/30LWHmH
---
When you join our Foundation, you become part of a skilled and talented team of fundraising professionals who are passionate about making a difference in the lives of patients and their families.

Available position: Communications Officer
➡️ bit.ly/3gOAyKb
... See MoreSee Less

View on Facebook

Merci à Uniqlo Canada d'avoir pensé à ceux qui sont en première ligne avec un don de 2 000 t-shirts et camisoles AIRism pour les travailleurs de la santé au site Glen du CUSM. ❤️🏥
🔹🔹🔹
MUHC health care workers at the Glen site were happy to receive 2,000 comfortable AIRism t-shirts and tank tops thanks to a generous donation from Uniqlo Canada. Thank you to Uniqlo for thinking of those who have been working tirelessly to keep our community safe. ❤️🏥
... See MoreSee Less

View on Facebook

The MUHC Foundation would like to thank community member Mr. Jimmy Chan for generously delivering meals to MUHC staff from his family restaurant, Wok Café. He has been donating meals to health care heroes across the city over the course of the pandemic.

"It’s my way to thank them for keeping our community safe, to let them know they are not alone, and that they are connected with many of us. I am with them!” he says. ❤️🏥
... See MoreSee Less

View on Facebook