Kate Dalgleish, Director of Annual Giving
At Birds Canada, we know how deeply our donors care about protecting and conserving bird populations. Each dollar we receive ensures that vital research, conservation and education programs take flight and make a genuine difference for birds from coast to coast. Your gift matters, but did you know how you give can have an impact too? Donating securities is a fabulous option for those savvy investors who want to make a difference for birds—and enjoy significant tax advantages.
Tundra Swan. Photo: Chantal Jacques
Giving securities directly to Birds Canada ensures your gift has the most significant possible impact—for the birds you love and your tax return. Read on for more information…
Take it from B.M., a loyal donor:
“I’m in the fortunate position that I don’t need every penny from my RRIF, and I’d rather support my favourite charity than give money to the taxman. Donating securities to Birds Canada is simple, and the benefits are tremendous. You get a charitable receipt for the full value of the donation and avoid capital gains tax altogether!”
Why Donate Securities?
By donating securities from a taxable account directly to Birds Canada, you save on capital gains tax and receive a charitable tax receipt for the total value of the securities, making your donation truly soar!
Here’s a quick breakdown of tax advantages when you donate securities directly to Birds Canada versus selling the securities and donating the cash.
|
Scenario 1: Sell Securities and Donate Cash |
Scenario 2: Donate Securities Directly to Birds Canada |
|
|
Current Fair Market Value of Securities |
$10,000.00 |
$10,000.00 |
|
Original Cost of Securities |
$2,000.00 |
$2,000.00 |
|
Capital Gain |
$8,000.00 |
$8,000.00 |
|
Taxable Gain |
$4,000 (50%) |
$0 (0%) |
| Tax Payable on Gain (46%)* |
$1,840.00 |
$- |
| Charitable Donation Receipt Amount |
$10,000.00 |
$10,000.00 |
| Tax Credit (45%)** |
$4,500.00 |
$4,500.00 |
| Net Tax Benefit from Donation |
$2,660.00 |
$4,500.00 |
* This example assumed a 46% marginal tax rate, which is the highest in Ontario
** The tax credit for donations is valued at approximately 45% of income for donations greater than $200
This example is for illustrative purposes, we encourage you to consult your financial planner before deciding to make a gift of securities.
How to Donate Securities to Birds Canada
Donating securities is simple. Here’s how you can get started:
- Complete the Form: Your broker can transfer your securities directly to Birds Canada by filling out this form.
- Send It to Us: Once completed, email the form to Kate Dalgleish, Director of Development, at kdalgleish@birdscanada.org or fax it to us at (519) 586-3532.
- Contact Us: If you have questions or to discuss how your gift will be allocated, call Kate Dalgleish at (519) 586-3531, ext. 174.
Make a Lasting Difference Today
Your gift of securities to Birds Canada will help ensure that crucial research, conservation, and education efforts continue to protect the birds and habitats we all cherish. With the added benefit of significant tax savings, donating securities is a smart way to maximize your impact. Thank you for your support!
