The process of making the donation is very simple that securities can easily be transferred from the donor’s brokerage account to a brokerage account held by Helping Spirit Lodge Society.

The donor taxable income will be able to deduct the entire gift in the current or following five years. Please contact Helping Spirit Lodge if you are considering donate securities. We can provide custom tax illustrations to show you how donate securities will work in your circumstance, and will facilitate the transfer, ensure a timely tax receipt.


Donate publicly traded securities that have appreciated in value will extend your tax savings even further. Most people donate securities end up with an after-tax cost that is less than one-half of the donation.

If you have invested wisely in highly appreciated securities, selling these securities could subject you to significant capital gains tax (a tax on the amount the investment has increased in value). When you donate securities traded on a designated stock exchange directly to Helping Spirit Lodge Society, you will benefit from the donation tax credit and the complete elimination of the capital gains tax. As a result, the combined tax savings can be quite impressive

To illustrate the tax effects for a BC resident, let’s look at the tax consequences of a $1,000 gift of publicly traded securities made in 2013. For the purposes of this example, we will assume:

· The donor paid $500 to acquire this stock, but it is now worth $1,000, so their capital gain is $500 (the taxable portion of this gain is 50% of this or $500);
· The individual’s marginal tax rate is in the mid-range at 32.5% (for the purposes of calculating the tax on the capital gain);
· The individual has sufficient income to be able to deduct the entire donation in the current or following five years.
When receiving a charitable receipt in the amount of $1,000 (the value of the securities), donor will pay $437 less in income tax ($1,000 x 43.7%), filing the tax return in early 2014.

The complete elimination of capital gains results in additional tax savings of $81 ($500 x 50% x 32.5%)

The net cost of the donation of $1,000 drops to only $482 (the $1,000 securities minus $437 tax credit minus the $81 savings on capital gains tax).