A tax-efficient way to donate to Parkinson Canada is by donating appreciated public company shares that you may own in a non-registered investment account. When you donate shares, you do not pay any tax on the appreciation within the shares, and you receive a donation receipt for the full value of the shares at the time of your donation.<\/p>\n
To donate appreciated public company shares to Parkinson Canada, simply ask your investment advisor to transfer (in-kind) the appreciated public company shares from your investment account to Parkinson Canada\u2019s investment account: parkinson.ca\/transfer-assets<\/p>\n
Here\u2019s an example:<\/strong> Learn more about different ways to give to Parkinson Canada<\/a><\/p>\n
\nA donor is considering making a gift to Parkinson Canada. They are considering if they should donate cash or if they should donate shares from their personal non-registered investment account. The shares have a value of $5,000 and were originally purchased for $2,000.<\/p>\n\n\n\n
\n\t \n<\/th> If the donor sells the stock and makes a cash gift, the following will result:<\/th> If the donor gifts the stock to fund the donation, the following will result:<\/th>\n<\/tr>\n<\/thead>\n \n\t Capital gain from stock sale:<\/td> $3,000<\/td> $nil<\/td>\n<\/tr>\n \n\t Tax on capital gain (25%):<\/td> $750<\/td> $nil<\/td>\n<\/tr>\n \n\t Donation receipt amount:<\/td> $5,000
\n(cash received from
\nstock sale)<\/td>$5,000
\n(value from stock
\ndonation)<\/td>\n<\/tr>\n\n\t \nDonation tax credit (50%):<\/td> $2,500<\/td> $2,500<\/td>\n<\/tr>\n<\/tbody>\n \n\t <\/th> The total tax benefit
\nof this donation is
\n$2,500 (donation tax
\ncredit) less $750 (tax
\non capital gain) =
\n$1,750<\/th>The total tax benefit
\nof this donation is
\n$2,500 (donation tax
\ncredit) less $nil (tax
\non capital gain) =
\n$2,500<\/th>\n<\/tr>\n<\/tfoot>\n<\/table>\n\n