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Securities

Gifts of Securities

Gifts of securities are the most tax-effective way to make a donation, providing tax benefits while helping friends and neighbours in need. Gifts of appreciated assets, such as securities, are very popular and may provide you with even greater tax benefits than charitable gifts made in cash. Donations of publicly listed securities to United Way are exempt from all capital gains taxation.  Please speak with your financial advisor to learn how this would work for you.

Through the donation of shares to United Way, you are able to limit the tax paid on capital gains, and receive a charitable tax receipt for the market value of your publicly traded shares.

Giving a gift of securities is easy:

  • You or your broker complete the Share Transfer Form.
  • Send the form to United Way’s brokerage firm, which is listed on the Share Transfer Form.
  • Authorize your broker to transfer the securities to United Way’s broker account and to let United Way know that this donation is from you.
  • Your shares will be sold immediately by United Way. A tax receipt and acknowledgment letter will be issued for the market value on the date of transfer. A United Way representative may call to verify information.

Please speak with your financial advisors about the tax benefits of donating shares. For more information about Gift of Securities contact finance@unitedwaykfla.ca

Donating in 2023

Changes to federal tax regulations make this type of giving more beneficial than ever. The 2023 federal budget introduced rules that will increase the tax cost of donating qualifying securities to charity starting in 2024. 
While Untied Way Canada and other charities are hopeful that this will be reversed, you can read more about the purposed changes here. 

"For years we have made our gift to the United Way by donating shares of publicly traded companies because it is so tax efficient. By donating shares held in a non-registered account, not only do you get a charitable tax receipt for the full market value of the securities, but you also avoid paying the capital gains tax that you would incur if you were to sell the shares. Please discuss this option with your advisor."

– Peter and Anne Case

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United Way of KFL&A would like to acknowledge this traditional territory’s longer existence and its significance for the Indigenous people who lived and continue to live on Turtle Island.

We are situated on traditional Anishinaabe, Haudenosaunee and Huron-Wendat land. There are Métis and other non-status First People from many Indigenous Nations present in our community today. This acknowledgement symbolizes the United Way KFL&A’s first step, of many, along this path toward Indigenous reconciliation, in a respectful manner.

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