A Tax-Efficient Way to Give
When you sell publicly traded securities privately, you are taxed on 50% of the capital gains. However, if you give the securities directly to charity as a gift-in-kind, you pay no tax on the capital gains and receive a donation tax receipt for their full market value. This means that giving securities — shares, bonds, or mutual funds — which have appreciated in value is a much more tax-efficient way to give than selling the securities and donating the cash. If you are making a bequest, include directions to use any appreciated securities in your estate to make the gift to save taxes and preserve capital for your other beneficiaries.
The Presbyterian Church in Canada will receive gifts of securities for any PCC congregation or ministry. Check out the Resource section below to find a detailed one-page information sheet (with an example showing how it can cost less to give more), a bulletin insert (to introduce the idea of giving securities to your congregation), and donation forms (for individuals or estates).
Frequently Asked Questions
This form is for gifts of publicly traded securities.
Download and complete this printable form and forward copies to your broker, who will initiate the transfer.
This form is for estate gifts of publicly traded securities. Download and complete this form and forward copies to your broker, who will initiate the transfer and to the PCC to issue the receipt and ensure proper designation of the gift.
This online form is for gifts of publicly traded securities from individuals or estates. Upon submission of the form, a copy will be sent to you by email for your records and to the PCC to ensure proper designation of the gift and to issue the tax receipt. You must forward your copy (by email/fax/mail) to your broker, who will initiate the transfer.
This colourful bulletin insert introduces the concept of Gifts of Securities to your congregation, with an example of the tax savings.
This one-page information sheet describes the benefits of Gifts of Securities and how to transfer publicly traded securities to support any PCC congregation or ministry. It includes a detailed example of giving securities as a gift-in-kind and instructions for making the gift.
Webinar: Where There’s a Will There’s a Way to Give.
Did you know half of Canadians can’t make a legacy gift because they don’t have a will? This webinar shows you how to prepare to to make a planned gift.
For More Information
The Stewardship and Planned Giving staff are available to help you turn your philanthropic wishes into reality. To learn how a gift of Publicly Traded Securities or other planned gift can leave a lasting legacy, please contact us
or call the Stewardship & Planned Giving department, 1-800-619-7301.
or mail to: The Presbyterian Church in Canada, 50 Wynford Drive, Toronto, Ontario M3C 1J7.
Charitable Registration No. 10785 6619 RR0001
The information on this page does not constitute legal or professional advice and should not be substituted for appropriate professional advice. The Presbyterian Church in Canada strongly recommends that you seek professional legal and financial advice to ensure your financial situation and those of your dependents are considered; that your tax situation is reviewed; and that your legacy gift is tailored to your circumstances.