A donation of securities or mutual funds is the most efficient way to give charitably. Since capital gains taxes don’t apply, our charity receives the full fair market value when the security is sold, and you get a tax receipt which reflects your larger contribution. This allows you to give more and get more.
Learn how it works
CanadaHelps, our trusted partner, will process the donation of your security on our behalf. Here’s how it works:
- Complete the online pledge. Provide details about your securities or mutual funds donation. Once complete, download the Letter of Direction form. You will also receive an email confirming your pledge. CanadaHelps will receive and process your pledge.
- Send the completed Letter of Direction to your broker authorizing the transfer of your shares to CanadaHelps. It typically takes 1 to 2 working days for the transfer to settle within the CanadaHelps account.
- CanadaHelps will promptly sell the shares. Once proceeds are received, CanadaHelps will send you a detailed confirmation email with your charitable tax receipt and disburse the proceeds from the sale to our charity.
Do you use a Direct Investing platform such as RBC Direct Invest, TD Waterhouse Direct Investing, Scotia iTrade, or QuestTrade?You may need to complete the Letter of Authorization/Direction Form available from your Direct Investing firm. The Letter of Direction we provide at the end of your pledge includes all the information you will need to complete their form.
A new Letter of Direction (LOD) and pledge form must be used for each Securities donation to avoid delays. Please do not re-use previous LODs.
Please note that a Canada Helps account will be required to complete securities donations.
Fill out this form and follow along Canada Helps’ prompts to complete your securities donation. In addition to your contact information, you will need to know the name and total shares of the security being donated, your investment account number and, if applicable, your broker’s information.
Once you have completed this form you will receive instructions on how you or your broker can initiate the securities transfer. If you are planning to donate different security types, you will need to complete this form for each type.
Donations given through Canada Helps will be tax receipted through Canada Helps directly, approximately 1–3 business days after the transfer is complete.
For more information, you can see Canada Helps’ guide to securities donations. Contact us at [email protected] if you have any questions or experience any issues.
