GIFTS OF ELIGIBLE SECURITIES
When a donor has investment portfolios they can donate in-kind gifts of securities. This is an attractive option for the donor because of the enhanced tax benefit, i.e. no capital gains tax.
Community Trust Fund
As a member of the Canadian Centre for Christian Charities (CCCC), our charity has access to the CCCC Community Trust Fund (CTF). This fund has been in operation for over 30 years, and it provides charities with the ability to receive gifts of securities from donors, even though we do not have a brokerage account. For a modest facilitation fee, CTF receives the securities; issues the official receipt for tax purposes to the donor; liquidates the securities; and will send our ministry the cash proceeds. Part of the process will be to identify our charity to the CTF via our Business Number, which is: BN 707311528 RR 0001
CTF can also assist with Estate Planning.
Donors who want to explore this giving option can visit the CCCC CTF Donor section or call CCCC at 519-669-5137.