By donating publicly-traded shares or mutual funds to Canadian Bible Society, you can realize the benefits of making a gift in a tax-savvy way.
Please instruct your broker to transfer the securities to Canadian Bible Society’s brokerage account using the Gift of Securities form. Kindly inform us by sending a copy of the completed form to the Canadian Bible Society:
Mail: 10 Carnforth Rd., Toronto, ON M4A 2S4
- You pay no tax on the capital gains that have accumulated on the securities.
- Your donation receipt will reflect the closing market value of the shares on the day that our brokers receive them.
- Your donation of securities can support a specific project in Canadian Ministries (Summer Camp/VBS, Military or Prison Ministries, Newcomer’s Bible or resources for clergy support).
- Alternately, you may wish to designate your gift to International Projects for domestic violence (7 countries), children’s projects, Africa or translation projects world-wide.
Please note: Electronic transfers of securities can take up to 10 business days. To ensure that the transfer is completed by year-end and that you are eligible for an official receipt for income tax purposes, we recommend you instruct your broker on the transfer to ensure that the transaction is completed by December 31.