Gift of Securities

Making a gift of publicly traded securities to the Delta Hospital and Community Health Foundation is one of the most tax effective ways you can give. Here are 3 things you might want to consider:

1. Reduce Capital Gains Tax

When you donate publicly traded securities to the Delta Hospital and Community Health Foundation you will reduce capital gains taxes.

You also receive a tax receipt for the fair market value of your shares which will help you reduce your tax on other income.

2. It’s Easy To Do

It’s easy to make a gift of securities. All you need to do is contact the Delta Hospital and Community Health Foundation and ask for a transfer form. Once you have completed the transfer form, give it to your broker to initiate the transfer of shares to the Delta Hospital and Community Health Foundation. It’s always a good idea to start the process early if you are planning a gift before the end of the year.

Some transfers can take a few weeks to complete and if you’d like a tax receipt for this calendar year the Foundation needs to receive the transferred shares by December 31st.

3. The Possibilities

When you consider making a gift of securities instead of cash, you may be able to make a larger gift than you thought possible. Your support through a gift of shares would have a wonderful impact to the many services we provide at Delta Hospital.

It is a good idea to discuss your personal circumstances with your financial advisor when considering a gift of securities.