Donation of publicly listed shares
When you make a donation of publicly listed shares (securities) to the Société de Saint‐Vincent de Paul de Montréal, everyone wins ! The highly interesting income tax benefits will help you contribute to relieving poverty and hunger, without affecting your cash flow.
Did you know that a 2006 income tax measure eliminated the income tax on capital gains for the donation of securities (shares, bonds, mutual funds or other similar securities registered on a Canadian, US or international stock exchange)?
If you transfer securities having increased in value to the Société de Saint‐Vincent de Paul de Montréal, you will not have to pay provincial or federal income tax on the deemed capital gain, which will reduce the real cost of your donation accordingly.
The value of their donation that will appear on your official receipt for a charitable donation will correspond to the value of the securities on the date of transfer. This measure is available both for companies and individuals.
Securities must be transferred directly from the donor’s account to that of the Société de Saint‐Vincent de Paul de Montréal. If you sell the securities yourself and make a donation in cash subsequently, the reduced inclusion rate rule does not apply.
Contact your broker or financial institution to indicate the type and number of shares that you would like to transfer to the Société de Saint‐Vincent de Paul de Montréal (SSVP) account.
We will then transmit the SSVP account number to your broker and the transfer will be made directly.
You can use this form (click here) to transfer securities.
Claudia Côté is the planned giving adviser to the Société de Saint-Vincent de Paul de Montréal. She can help you with your philanthropic project. We also encourage you to consult a professional of your choosing (financial planner, notary, income tax expert). You can reach us at 514 526-5937 or firstname.lastname@example.org, in confidentiality and without any obligation.
You can consult our complete guide on donations and their benefits (click here - only available in french) to learn a bit more about income tax benefits.