How they work
People who own stocks, bonds or mutual funds are happy when their investments increase. Unfortunately,
when you convert your investment to cash, the capital gain is taxable. By directly donating your publicly listed
securities to the Sheep River Health Trust, you will pay no capital gains tax on their increase in value.
The Trust will provide you with a charitable tax receipt for the full market value on the day
they are received in our account. This tax receipt:
– will help you immediately reduce the amount of tax you pay on your income
– may be carried forward if your donation exceeds your annual limit and used in any of the next five years
– may help reduce the taxes on your estate in the year of your death – and allow more of your estate to go to your beneficiaries
If you would like more information on how you can make a gift of securities, please phone 403-995-5400.