Donating a gift of securities, stocks or bonds is simple and can have great tax-saving advantages for you while making a real difference to the charitable work of the Canadian Medical Foundation.
When you donate a gift of stocks, bonds, or other publicly traded securities to CMF you DO NOT need to pay tax on capital gains and you receive a tax receipt for the full market value of the securities you have donated.
You may also wish to consider converting your gift into a Donor Advised Fund, one of today’s fastest growing means of long-term charitable giving because they enable donors to realize immediate benefits while providing ongoing, long-term support to the causes that matter most to them.
There are the many ways you can give:
- Donate Now - Make a one-time general donation, a monthly donation, or select one of our current programs to support.
- Monthly Giving - Monthly giving not only helps you budget your expenditures and donations, but more of your donation goes towards supporting CMF programs because of very low administration costs. Scheduled giving also enables us to forecast funding and plan future initiatives.
- Donor Advised Funds - Establish a Donor Advised Fund by donating cash, securities or other assets to CMF and receiving a tax receipt. Those funds are then invested by CMF for tax-free growth, and you can recommend annual donations to the charities (qualified donnees) of your choice.
- Gift Annuities - Establish a gift annuity by gifting cash, stock or other appreciated assets to CMF. In exchange, you’ll receive an immediate tax receipt and then fixed payments for life for you and your spouse. At your death, CMF receives any remaining assets, which can be used to fund our mission.
- Life Insurance - Including CMF in your life insurance policy is a tax-efficient giving strategy that will give you and your estate tax benefits, and leave a legacy of giving in the future.
- Securities - Donating securities (publicly listed stocks, bonds or mutual funds) to CMF is a great alternative to making a cash donation. When you sell stocks that have appreciated in value, 50% of the capital gains must be reported as income. Donating those same securities to CMF reduces the capital gains to zero. You will also receive a charitable tax receipt for the full market value.
- Wills and Bequests - The most common form of planned gift is the bequest - making a gift through one’s Will. Indeed, some 80% to 90% of planned gifts are bequests.
- Community Fundraising - Raise funds for the Canadian Medical Foundation by engaging your community, colleagues, family and friends to donate to your own fundraising campaign.
- Workplace – Employer Matching Gifts - If you are inspired to create diversity and equity in the health workforce, consider setting up a workplace giving program and your place of employment to support CMF programs.