How they work
People who own stocks, bonds or mutual funds are happy when their investments increase. Unfortunately, when you convert your investment to cash, the capital gain is taxable. By directly donating your publicly listed securities to The Salvation Army, you will pay no capital gains tax on their increase in value. For more information, visit SalvationArmy.ca/wills.
Click here to download the Notification of Securities Transfer form. After filling out the form, you may click the “Submit Form” button, or manually save the form and email it to
The Salvation Army will provide you with a charitable tax receipt for the full market value on the day they are received in our account. This tax receipt:
- will help you immediately reduce the amount of tax you pay on your income
- may be carried forward if your donation exceeds your annual limit and used in any of the next five years
- may help reduce the taxes on your estate in the year of your death – and allow more of your estate to go to your beneficiaries
We strongly encourage you to seek independent advice when executing gifts of securities, property, life insurance, charitable gift annuities, wills, trusts, contracts and other legal agreements.