This is one of the most tax-smart ways to support TCS. A gift of publicly traded securities is exempted from capitals gains taxes and receives a tax credit.

Advantages of gifts of stocks and securities:

  • Receive a charitable tax receipt for the fair market value of the donated security.
  • Benefit from a capital gain inclusion rate of zero when you directly donate eligible stocks or securities.
  • When your executor donates securities, not only does your estate not pay capital gains tax, but it also benefits from the full charitable tax receipt to offset any owed taxes.
  • A security that has doubled in value can see a tax savings of around 60%.

How to donate:

There are two of ways to give stocks and securities:

  • Bequeath shares, debt obligations or rights listed on a designated stock exchange.
  • Donate a share of the capital stock of a mutual fund corporation, or a mutual fund trust unit. For more information, download Gifts of Securities Form (CA), Gifts of Securities Form (US), or call Shelley Henderson at 905-885-3217 ext. 1248 for assistance.


Peter wants to support TCS with a gift of $100,000. The following chart compares the costs & savings of donating securities directly to an offer of cash or purchasing a different security instead.

Sell shares and donate cash to TCS Donate shares directly to TCS Sell shares and buy $100,000 of another security
Market value of security (a) $100,000 $100,000 $100,000
Adjusted cost base $50,000 $50,000 $50,000
Capital gain $50,000 $50,000 $50,000
Taxable capital gain $25,000 $25,000 $25,000
Tax on capital gain (50%) (b) $12,500 $0 $12,500
Tax savings from donation tax credit (46%) (c) $46,000 $46,000 $0
Total cost of transaction (a)+(b)-(c) $66,500 $54,000 $112,500