Smart giving is simply using different methods of making a donation that offer greater tax benefits or are a part of your overall financial plan. Many of us are unaware of the options until we discuss them with our accountant, professional advisors or we talk with a friend or family member who has taken advantage of one of the options.
These gifts may be outright cash but many are transfers of stock which provide significant tax savings. Some may choose to make Second Harvest a beneficiary in a will, of a life insurance policy or RRSP/RRIFs. This type of donation is usually gifts of assets as opposed to income and together with the tax benefits to you, they can be transformative to Second Harvest.
While the ways of giving are important, smart giving is really about why you give as opposed to how you give.
CRA Charitable Registration Number: 13386 5477 RR0001
Legal Name: Second Harvest Food Support Committee
Address: 1450 Lodestar Road, Unit 18, Toronto, ON M3J 3C1
Phone: 416.408.2594 Fax: 416.408.2598
Click here to download your “Charitable Donation of Securities in Kind” form