You can make a healthy investment and reduce your taxes by donating shares to Fighting Blindness Canada.
When you make a gift of securities to Fighting Blindness Canada, you put stock in knowing you are supporting vital research, health education and advocacy.
Why donate securities?
Your gift of securities entitles you to a donation receipt for the full market value (resale) of your contribution. Your gift will result in a non-refundable tax credit that will reduce your income taxes. You can use it in the year of your gift or carry it forward for up to five additional years.
You pay no capital gains tax on the appreciated value (increased price) of your securities. Donating securities directly to Fighting Blindness Canada avoids the tax on capital gains, maximizes the return on your investment and protects the tax credits for use against other taxable income.
The chart below shows the tax advantage when you donate shares to Fighting Blindness Canada instead of selling them and donating the proceeds. This calculation assumes a tax rate of 50%.
Sell Shares & Donate Cash
| Fair market value | $10,000 |
| Cost basis | $2,000 |
| Capital gain | $8,000 |
| Taxable gain | $4000 (50%) |
| Tax credit (assuming 25% of donation value) | $2,500 |
| Tax on capital gain | $2000 |
| Tax savings | $500 |
Donate Shares Directly
| Fair market value | $10,000 |
| Cost basis | $2,000 |
| Capital gain | $8,000 |
| Taxable gain | $0 |
| Tax credit (assuming 25% of donation value) | $2,500 |
| Tax on capital gain (at 50%) | $0 |
| Tax savings | $2,500 |
To learn more about the benefits of donating securities and to initiate your gift, download our stock form.
Join the Fight!
Learn how your support is helping to bring a future without blindness into focus! Be the first to learn about the latest breakthroughs in vision research and events in your community by subscribing to our e-newsletter that lands in inboxes the beginning of each month.
