Donating Stock to Hands at Work
Is simple and helps us build resilience in vulnerable children, families and communities across Africa.
Donating stock is a tax-efficient way to give now to support Hands at Work in Africa (Canada) Society. Since gifts of stocks or mutual funds come from assets rather than income, they receive a more favourable tax treatment.
Gifts of stocks or mutual funds are a simple and efficient way to make a substantial gift to the ministry for its use now, while at the same time decreasing your out-of-pocket expense.
If you sell stocks or mutual funds privately, you are taxed on 50% of the capital gains. However, if you gift stock or mutual funds directly to charity, you pay no tax on the capital gains while also receiving a donation tax receipt for the full market value of the stock or mutual fund. This means that the gifting of securities which have appreciated in value is a much more tax-efficient way to give to the charity than selling the securities yourself and then donating the cash.
Donate stock to Hands at Work via CanadaHelps by clicking the button below.
More Ways to Give
Ensure vulnerable children and communities receive the love, care and provision they need
A bequest or gift in your will ensures a lasting legacy
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