Publicly Traded Securities & Mutual Funds

In 2006 the Federal government introduced a special tax incentive on gifts of Publicly Traded Securities and Mutual Funds.  You can give a gift of publicly traded securities to National Aboriginal Achievement Foundation and eliminate the capital gains tax.  If you own stocks or mutual funds that have grown in value, you will face a tax bill when you sell them.  By donating them directly to National Aboriginal Achievement Foundation you can eliminate your tax bill and make a significant gift at the same time.

Gifts of Publicly Traded Securities and Mutual Funds – The Benefits to You

• Opportunity – An opportunity to make a significant gift.
• Tax Advantages – By donating your appreciated securities or mutual funds directly to National Aboriginal Achievement Foundation you eliminate your capital gains tax bill.
• Reduced Brokerage Fees – Many brokerage houses forego fees for charitable transactions.
• Simple and Convenient – Securities are easy to transfer.  Your broker transfers the shares from your account to National Aboriginal Achievement Foundation brokerage account.  The date of your donation will be the date the securities are deposited into our brokerage account. 
• Recognition – Your gift can be honoured during your lifetime.

How does it work?

A donation receipt is issued for the fair market value of the security on the date of transfer.  The securities must be transferred to National Aboriginal Achievement Foundation and not be sold by you, the donor. The gift will not qualify for the capital gains tax elimination if the securities are sold and the cash then gifted to a charity.

Request our Guidelines and Form for Transferring Assets – Click here 

Please Seek Expert Advice: If you are thinking about transferring assets that have appreciated in value, you should seek expert advice from a tax specialist or your broker. National Aboriginal Achievement Foundation strongly recommends that you seek professional advice to ensure your financial goals are considered, your tax situation reviewed, and that your planned gift is tailored to your circumstances.  For further information, please call Paul Klein, Senior Development Officer, Individual Giving and Donor Relations at 1-800-329-9780 extension 227 or email Paul at pklein@naaf.ca.