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Smart Giving Tips

Make the most of your charitable support of Second Harvest and consider donating stocks.

Simply download the TD Charitable Donation of Securities form and your financial advisor can do the rest.

The following chart will show you why this is one of the smartest ways to support your favourite charity.

Sell securities and donate cash Transfer the securities  to Second Harvest
Market Value of Securities $10,000 $10,000
Adjusted Cost Base $5,000 $5,000
Capital Gain $5,000 $5,000
Taxable Capital Gain (50%) $2,500 $0 – Eliminated
Tax due on the gain at Marginal Tax Rate e.g. 43% $1,075 $0 – Eliminated
Tax Receipt to the Donor $10,000 $10,000
Total Tax Credit $3,976 $3,976
Net Tax Saving $2,901 $3,976

*This chart is for illustration purposes only. Please consult your professional advisor for individual advice.

For further information about this example or other Smart Giving strategies, please contact
Debbie Kesheshian, CFRE, at debbiek@secondharvest.ca or 416-522-8935.