Appreciated stocks, bonds and mutual funds
Many donors are choosing to donate their investments to VHS. When you sell an appreciated stock, you are required to pay a certain amount of tax on the capital gain. If you make a donation to VHS, you avoid taxable capital gains, are exempt from the capital gains tax, and also receive the donation tax credit. The combined tax savings can be notable!
We’ll issue you a receipt for income tax purposes, based on the full market value of the securities at the time of the transfer.
To donate a stock certificate (whether it is in paper form or in a brokerage account) you need only sign a Letter of Authorization to transfer the shares. Once the stock is received into the VHS brokerage account, the value for the shares will be determined as of that date for preparation of the tax receipt.
To contribute appreciated publicly listed securities, email us at firstname.lastname@example.org to receive the Letter of Authorization.
Life insurance policies
You can donate a life insurance policy by making VHS the beneficiary. Every year, VHS will give you a tax-deductible receipt for the premiums. This will also reduce the taxes owing at the time of your death.
If you’d like more information about this or any other gift opportunity, please contact us at 604-266-9744 or email: email@example.com
Endowment funds provide lasting security
The VHS has an endowment fund with the Vancouver Foundation, the largest community foundation in Canada. The Vancouver Humane Society/Norma Berridge Endowment Fund provides the VHS with a yearly payout of income without jeopardizing the capital. Contributions to the fund increase the income that VHS can count on yearly to continue its important work.
The original donation is kept in perpetuity, with the charity receiving only the interest earned. Please contact the Vancouver Foundation for further information.