Enjoy tax savings and support NBS
Without any capital gains taxation, many donors will actually make money from a gift relative to what they originally paid for the stock. In other words, the charitable donation credit could exceed the purchase price if the value of the shares has appreciated significantly.
Don Drummond, Senior Vice-President and Chief Economist, TD Bank Financial Group
A donation of publicly listed stocks or securities that have appreciated in value can make a very beneficial gift to NBS. Recent changes to tax laws make this kind of contribution attractive to donors as well. You will be able to claim a gift of stocks or securities up to 75% of your net income. A receipt will be issued for the full value of the donated shares and there will be no tax levied on the realized capital gain.
To Make a Donation of Securities to NBS
Please follow the instructions on and complete our Securities Transfer Form (PDF). To facilitate the process and ensure timely processing of your tax receipt, please contact the Development Office at NBS to inform us of your intent to donate. The amount of your tax receipt will reflect the fair market value of your gift. Once we receive the completed form, we will email you the information for our broker and account number and you can instruct your financial institution or broker to initiate the transfer.