Please help us.
Your gift helps us to build a brighter future.
- Fund fellowships to ensure that we can train qualified retinal specialists
- Fund clinical care research
- Fund public awareness initiatives
Make a contribution by cheque
payable to: Retina Foundation of Canada.
Tax receipts will be issued for all donations.
1 Westmount Square
Tower 1, Suite #550
Westmount QC H3Z 2P9
Registration No. 853965416RR0001
retinacanada.com
DONATING MARKETABLE SECURITIES
Gifts of marketable securities are gifts of shares of publicly traded companies. When a stock performs well, it is subject to a capital gains tax. Individuals who are cashing in a stock for personal use are subject to pay a tax on 50 per cent of the capital gain.
In May 2006, the Federal Government introduced new rules for donating marketable securities. These new rules translate into major tax savings for donors as those who transfer stocks directly to registered charities no longer pay Capital Gains Tax. This method of donation provides an excellent tax benefit for donors. Instead of selling the shares first and donating the cash proceeds, the stocks are contributed directly to the registered charity.
Tax receipts are issued for this type of donation based on its value on the date of transfer. A donation of publicly traded stock, is tax exempt under this program. Donors who wish to make a gift of marketable securities to The Retina Foundation of Canada are asked to contact our treasurer at allan.berger@retinacanada.com.
Our foundation will assist in making all of the necessary arrangements to process donations of marketable securities.