Donating Securities.
Donating securities is one of the many ways you can give to Fig Tree Foundation. Recent changes to federal tax regulations make this type of giving more beneficial efficient than ever before. By giving securities to The Fig Tree Foundation, you help build a better world - and you receive a significant tax credit. Under new federal tax changes effective May 2006, you can donate appreciated securities to The Fig Tree Foundation without paying any capital gains tax. In addition, you receive a tax receipt for the full value of the shares. Previously, donors paid capital gains tax on 25 per cent of the gain. While tax incentives are not the only reason to give to charity, they are an important consideration
Use the gift of stock “CACULATOR” to help you calculate the benefits.
The deadline for donations for receipting purposes is Dec.31 of the current year.
Donating Securities the FIG TREE way!
With the assistance and input form our broker/advisor partners, we have devised a two step procedure that makes the process as easy as falling out of a tree. Thanks to a partnership with Fireball Express Courier ltd., and the Fig Tree’s presence at most of the brokerage firms the city of Calgary, the Fig Tree Foundation has the ability to ensure quick execution on donated securities transactions thus reducing the uncertainty in the tax receipted amounts. The process can now be completed in a matter of hours (not days). And to top it off, most of the broker partners are waiving their commissions and fees for the Fig Tree Foundation. All are providing steep discounts, ensuring that essentially every dollar donated by donors gets put to good use.