Gifts of Securities
By donating publicly traded securities, you eliminate the capital gains tax that you would have to pay if you sold the securities and then donated the proceeds. You will also receive a charitable tax receipt for your donation.
You can give now or as part of your Estate and Will planning.
Giving is simple. You and your broker can electronically transfer these types of gifts to Algonquin College by filling out a Gift of Securities form.
Benefits of Gifting Securities
- Eliminates the capital gains tax owing on the shares.
- Official tax receipt issued for the fair market value of the gift, based on the shares’ closing price on the day the gift is received.
- Choose how your gift is used, e.g., student aid, a particular academic program, or the area of greatest need.
Consult your financial advisor to decide which investment decision is best for you.
Download the Gift of Securities Form here!
For more information, contact:
Nadia Greco
Director of Philanthropy (Acting)
Email: Nadia.Greco@algonquincollege.com
Phone: 613-697-9351