Donating stocks, securities or mutual funds directly to rare is a more cost-effective way of giving than selling the stock and making a cash donation
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We are a community-based land trust and environmental institute dedicated to protecting over 1,200 acres of environmentally sensitive land across eight properties in Waterloo Region and Wellington County. We protect these lands for the health and wellbeing of the community today, and we communicate the importance of these lands to ensure their protection tomorrow.
...you can make gifts of stock to rare?
Making a gift of publicly traded securities, mutual funds or stocks is not only easier than you think, it can also allow you to make a larger gift to support the research, conservation and education programs at rare than you may have thought possible!
Judy decides to support the rare Charitable Research Reserve with a gift of $10,000. When reviewing whether she should sell her shares in a publicly listed corporation and then donate the case proceeds or donate the shares directly, Judy learns that she would have a greater net tax benefit by donating the shares directly to the rare Charitable Research Reserve. The chart below assumes a tax rate of 50 per cent.
$10,000
$10,000
$5,000
$5,000
$5,000
$5,000
$2,500
$0
$1,150
$0
$10,000
$10,000
$4,600
$4,600
$3,450
$4,600
Example uses Ontario federal and provincial combined tax rate.
The information provided is general in nature and not intended to be a substitute for professional legal or financial advice. Donors planning a significant gift are encouraged by the rare Charitable Research Reserve to seek independent legal and/or financial advice.
Gifts of stock or securities donated around the end-of-year holidays must be received by our broker on or before December 7 in order to ensure that the transaction can be completed before the December 31 deadline. You will receive a charitable tax receipt for the closing price of the shares on the day we receive them.
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