GIVE A GIFT OF SHARES (PUBLICLY LISTED SECURITIES)
Donate appreciated stocks, bonds, mutual funds and take advantage of tax benefits.
A donation of publicly traded securities is an easy and effective way to support our missions across Canada – to repair a church roof or to help purchase a vehicle for a missionary. By donating shares, you pay no tax on your capital gains.
To make such a gift is easy. Simply download our Letter of Direction form and follow the instructions. Catholic Missions In Canada will issue you a charitable receipt for the value of your shares at closing on the day of receipt or transfer. For your tax purposes, your receipt will be clearly marked as a gift of publicly listed shares.
Through the form of a gift loan, you can make a gift now without worrying about needing your funds in the future. Upon receipt of your gift loan, Catholic Missions In Canada will invest your funds and use the interest earned to support our Canadian mission work. A formal charitable gift loan agreement will be drawn up between you and Catholic Missions In Canada. But if you ever need it, upon written request, you may ask for part or all of your funds back. No questions asked.
In the event that this Agreement has not been revoked at the time of your death, the principal sum shall become the property of Catholic Missions In Canada and will be used to support our missionaries across Canada. At that time, a charitable tax receipt will be issued to your estate for the full amount of your gift.
Gifts of Property (Residual Interest Agreement)
A residual interest agreement is funded by your principal residence or other tangible property that is given to the Catholic Missions In Canada, but you retain its use during your lifetime.
For more information, fill out our Gift Planning Information Request Form or contact Winnie Quinn, our Charitable Gift Planning Manager at:
Phone: 416-934-3424, extension 229