When you donate shares to Valley Regional Hospital Foundation you are investing in your healthcare. Plus, you can greatly reduce capital gains on gifted shares and receive a charitable tax receipt – it’s a win-win opportunity!
To encourage charitable giving, the government provides tax credits when you donate to a registered charity. A further tax benefit is provided when you donate certain publicly traded securities in-kind.
There are a variety of types of publicly traded securities, which can become gifts to our Foundation:
- Shares, or rights listed on prescribed stock exchanges across Canada as well as many foreign stock exchanges.
- Shares of capital stock of a mutual fund corporation.
- Units of segregated fund trusts (a mutual fund relating to an insurance policy).
Please note: As with any planned gift, we strongly advise that you speak with your legal advisor or financial planner to ensure your needs are met.