Mackenzie Health Foundation
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Foundation - Gift of Securities



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Securities are a special form of property (capital property) and include stocks, bonds and mutual funds.  They are portable, transferable and usually easy to value.  As such they make an excellent charitable gift.

 

When securities are donated directly to Mackenzie Health Foundation, the capital gains tax is eliminated.  You will receive a Charitable Tax Receipt based on the fair market value of the gift as of the closing price on the day the securities are received by the Foundation. 

To make a gift of securities, please download the Gift of Securities Form. 

 

Note:  Your gift will not qualify for the elimination of the capital gains tax if you sell the shares and donate the cash to the Foundation.  In order to benefit from the tax savings on the capital gains the shares must be transferred intact.  

 

 

 

 

Mackenzie Health / 10 Trench St. Richmond Hill, On. L4C 4Z3 / Richmond Hill Line: 905-883-1212 or Vaughan Line: 905-832-4554 / TTY Service: 905-883-2123