Stocks and Securities

Individuals are exempt from capital gains taxes when they make a donation of appreciated stocks, bonds and mutual fund units.

When you give securities to the GBLT you will receive a tax receipt for income tax purposes for the full market value of the shares at the date of the transfer.

The following table is an example of how a gift of stock is more beneficial than selling the stock and donating the cash received.

Sell shares & donate cash Donate shares directly
Present value of shares $100,000 $100,000
Purchase price of shares $20,000 $20,000
Capital gain on shares $80,000 $80,000
Taxable amount of capital gain $40,000 $0
Tax payable* on capital gain $18,000 $0
Tax credit on donation $45,000 $45,000
Total tax saving (Tax credit only) $45,000 (Credit plus tax saving) $63,000

*For illustration purposes we have used an average marginal tax rate of 45%.

If you would like to get more information about giving a gift of stocks, bonds and mutual funds, please contact Bill Lougheed.

Please click here to download the Securities Transfer Form.

U.S. Donors

Please contact the Great Lakes Basin Conservancy for more information about donating stocks and securities – contact Mindy Tabor via email or by phone at 440.376.8644