• Overview
• Ways to Give
  • Donate Now
  • Individual Gifts
  • Giving in Memory of a loved one
  • Giving in Honour of a friend or family member
  • Wellspring Niagara New Building Fund
  • Stevensville Donation
  • Special Occasion Program
  • Matching Gifts
  • Named Family Funds
  • Corporate Sponsorship
  • Planned Gifts
    • Endowment Funds
    • Gifts of Residual Interest
    • Life Insurance
    • Charitable Trusts
    • Gifts of Stock & Securities
    • Retirement Funds
    • Bequests

Gifts of Stock & Securities

Publicly-traded stock, bonds and securities can be donated directly to Wellspring Niagara. As a donor, you will receive a tax receipt for the full appreciated value of your gift based on the closing trading price on the day it is received by Wellspring, and you will not be subject to any capital gains tax on the donated portion.

Benefits of Making a Gift of Securities

• Donations of appreciated publicly-listed securities to Wellspring are exempt from capital gains tax.

• Your charitable donation can be claimed for up to 75% of your net income and any unused donation amount can be carried forward over the next five years.

• You can transfer your shares electronically from your account into Wellspring's account, or endorse your security certificate and hand deliver it or send it through registered mail to Wellspring.

• Receipt value is determined based on the closing price on the day the security is received by Wellspring.
  
  Example:
  In the following scenario, you could donate $25,000 at a cost of only $11,200.
  Say you were to purchase $15,000 worth of stocks that then went up in value to $25,000. If you were to donate the $25,000 in stocks, not only would you receive a tax receipt in this amount, you would not have to pay the capital gains tax that you would otherwise owe ($2,300). Therefore, the fair market value of the stock ($25,000), minus the donation tax credit ($11,500 based on the top marginal tax rate of 46%) minus the capital gains tax exemption ($2,300) means that your donation of $25,000 would only cost you $11,200.
  

Stock Transfer Instruction

Thank you for considering a Gift of Securities to Wellspring.  To ensure smooth and efficient handling of your transaction, please contact Ann Mantini at (905) 684-7619 before you transfer your shares.