Gift of Shares

Did you know that when you sell shares—even to donate the proceeds to charity—a significant portion will be taxed? This reduces the impact of your donation because 50 percent of the shares’ appreciated value is forfeited as tax.

When you transfer ownership of your shares to Delta Hospice Society, no capital gains tax is paid. Because Delta Hospice Society liquidates donor-transferred shares, the full value of your gift goes to authentic palliative care—not the government.

Sell Shares and Donate

Current value, $50,000

Amount paid, $10,000

Capital gains, $40,000 (current value minus purchase price) Capital gain tax, $10,000 ($40,000 x 50% taxable gains x 50%) Tax credit, $25,000($50,000 donation x 50%)

Total tax savings, $15,000 ($25,000 – $10,000)

Net cost of donation, $35,000 ($50,000 – $15,000 in saving)

Directly Donate Shares

Current value, $50,000

Amount paid, $10,000

Capital gains, $40,000 (current value minus purchase price) Capital gain tax, $0 (no capital gains tax paid on donated shares) Tax credit, $25,000 ($50,000 donation x 50%)

Total tax savings, $35,000 ($25,000 + $10,000, tax not paid)

Net cost of donation, $15,000 ($50,000 – $35,000 in saving)

To make a gift of shares, please call us at 1-800-232-1589 to speak with our representative.

Cashless assets

Gifts of vehicles, underused property, or other cashless asset are highly impactful and tax-smart methods of giving that eliminate capital gains tax and provide an official tax receipt for full market value. Discover how by calling us at 1-800-232-1589.

Tribute gifts

Honour a special person in your life by making a tribute naming gift. Contact us to learn more about naming and recognition opportunities. 1-800-232-1589.

You may also give to Delta Hospice Society through PearTree Canada, which links donors and charities.

Delta Hospice Society is grateful to our members and supporters, especially during this time of upheaval in the healthcare system.

 

Your generosity is critical to the future of life-affirming
palliative care in Canada.