A Gift of Stock to Lymphoma Canada
Donating stocks to Lymphoma Canada can be a simple and cost-effective way to give.
You can transfer the stocks electronically to Lymphoma Canada, and we issue you a tax receipt for the fair market value. If those stocks have appreciated in value, there is no capital gains tax. You pay no tax on the gain in value from the time you took ownership to the time you transferred the stocks to us, and you still get the tax credit for donating the full higher value.
If you leave stock, shares or securities to Lymphoma Canada in your Will, your estate receives the same tax benefits.
To avoid paying capital gains tax you must transfer your stocks directly to Lymphoma Canada, not cash them in first.