Making a Gift of Stocks & Securities
A donation of publicly traded securities is one of most effective and powerful ways to help Wellspring members while benefiting from significant tax advantages.
With a gift of appreciated stock, you will receive the benefit of a tax receipt for the fair market value of the stock, and not be subject to pay the capital gains tax. The elimination of the capital gains tax on a gift of securities may create a considerable tax advantage for you, which in turn reduces the cost of making such a donation.
To make a gift of stock is easy. Simply download Wellspring London Securities Transfer Form and follow the instructions.
Wellspring London will provide you with a charitable tax receipt for the full market value of the donated stock at the day the stocks are transferred to Wellspring from your broker.
For more information, please contact Joanna Meilleur at 519.438.7379 or email at joanna@wellspringlondon.ca
