Maximize the benefits to you and to Seva’s sight programs. When you donate securities to Seva Canada Society, you can reap significant tax benefits.
Under Canadian tax laws, if you sell your appreciated securities you will have to pay capital gains tax on an amount equal to one-half of their increase in value. But if you give these securities to a registered charity, you won’t have to pay any capital gains tax at all. You also get a tax deduction for the full value of the securities.
Moreover, by giving securities you may be able to make a substantially larger donation than would otherwise be possible, helping more people receive the gift of sight.
Listed securities include stocks, bonds, mutual funds and futures traded on approved stock exchanges in Canada, and major international exchanges.
By donating appreciated securities, you will receive a tax receipt for the full market value of the securities and you will have the satisfaction of knowing you are helping to restore sight and prevent blindness and paying no capital gains tax on these donated securities.
Follow these links for more information on making a gift of securities to Seva or to download a securities transfer form.