GIFTS OF SHARES
SAVE ON TAX, AND MAKE A DIFFERENCE
When you cash investments (such as publicly traded stocks, bonds or mutual funds) that have appreciated considerably since their purchase, the capital gain is taxable as income.
If you donate these investments to Sault Area Hospital Foundation, you’ll receive:
A tax receipt for the market value for your donation of publicly traded stock or securities at the time ownership is transferred to SAHF.
PLUS the added bonus of not having to pay capital gains tax.
If you would like more information about anything regarding your gift, like where to designate it, how it will be recognized and what effect you will have on our community, please contact Teresa Martone.
This page is intended to provide you with general information on donating securities.
Always consult the appropriate legal/financial advisor when planning your gift.
Donating investment products is a smart way to make a charitable donation.
“We donate to the hospital because Healthcare is important to us and will benefit everyone in this community. It’s for our community and our family.”
-Jack and Ning, Donors