You can have a major impact on health care in BC by donating publicly traded securities to VGH & UBC Hospital Foundation.

Gifting securities is one of the most tax-effective ways to give, extending your savings beyond the donation tax credit.

Selling securities from a highly appreciated portfolio could subject you to significant capital gains tax, but when you donate publicly traded stocks, mutual funds, segregated funds or bonds directly to a registered charity like VGH & UBC Hospital Foundation, you benefit from the donation tax credit and the complete elimination of the capital gains tax.

As a result, the combined savings can be quite impressive, with an after-tax cost that could be less than one-half of the gift!

Gifts of securities can be made in any amount and can also be gifted to charity in your will in order to decrease any capital gains that may occur within your estate.

Most securities are held electronically and can be easily transferred from your brokerage account to a brokerage account held by VGH & UBC Hospital Foundation. You will then receive your charitable tax receipt.

“As a cancer survivor, I have seen firsthand the power of philanthropy in health care, this is why I’m giving back in all the ways I know how. A gift of securities now and in my will is important to me so that advancements keep happening even when I’m not around.”
–Nancy McKinstry, grateful patient and donor

For more information contact: Charlene Taylor Director, Gift & Estate Planning 604 875 4917

The information above is not intended as legal or financial advice. We encourage you to consult a qualified Financial Advisor.[:zh]

Donating your securities to VGH & UBC Hospital Foundation is one of the most tax-effective ways to make an outright gift during your lifetime.

When an individual sells an appreciated stock or mutual fund they are required to pay tax on 50 per cent of the capital gain. However, thanks to the Federal Budget of May 2006, if the person donates the appreciated securities to VGH & UBC Hospital Foundation, they pay no capital gains tax.

When you give the gift of securities you are combining the elimination of capital gains tax with a charitable donation tax credit. The entire amount of the donation results in a charitable tax credit that may be used to offset other income.

Note: This information is not intended as legal or financial advice. We encourage you to consult a qualified professional advisor.

For more information, contact:
Charlene Taylor
Associate Director, Gift & Estate Planning
604 875 4917