Gifts of Shares

Did you know that when you sell shares—even to donate the proceeds to charity—a portion will still be taxed? This reduces the impact of your gift.

However, when you transfer ownership of your shares to Trillium Health Partners Foundation to liquidate, the full value of your shares goes entirely to the hospital because no capital gains tax is paid.

How it Works

 

Donors complete the Gift of Shares form.

Donors then fax, email, or mail the signed form to their broker to authorize the transfer of shares, and then fax the form to one of our receiving institutions (please see section V of the form).

Trillium Health Partners Foundation asks that donors then notify Anne Tatoff, Vice President, Corporate Services, at Anne.Tatoff@thp.ca or by phone at (905) 848-7580 x 2983, or by fax at (905) 804-7927.

The Foundation’s broker will then process the transaction and any gains or losses will be borne by Trillium Health Partners Foundation solely, and are not the donor’s responsibility.

An Example

 

A donation of 500 shares of Corporation INC is donated. The end-of-day unit price is $59.00. The donor had originally purchased the shares for $19.00, resulting in a significant capital gain of $40.00 per share.

The donor’s original investment of $9,500 (500 x $19.00) now generates an official tax receipt for $29,500 (500 x $59.00), which means the donor receives the tax credit for the shares’ gain but doesn’t pay tax on these gains.

Advantages

 

Donors do not pay the capital gains tax when transferring shares to the Foundation.

The full value of the donation is received by the Foundation for the hospital.

Donors do not have to go to the trouble or expense of converting the shares into cash—the Foundation processes the transaction.

Gifts of shares are making Trillium Health Partners stronger every day by enabling the hospital to allot the full value of donations directly to the most urgent areas of need, or to an area indicated by the donor.

Trillium Health Partners Foundation is grateful to all our supporters regardless of what method they choose to invest in transformative health care.

>> To invest in exceptional health care through a gift of shares, please complete and sign the Gift of Shares form today!

Nicole Lamont

If you have any questions about gifts of securities, please contact Nicole Lamont, Vice President, Philanthropy, at 416.457.7861 or nicole.lamont@thp.ca.