Gifts of Stock and Securities
Maximize your tax benefits while supporting Parkinson Society Central and Northern Ontario with a gift of Publicly Traded Stock or Mutual Fund Shares. By donating your securities directly to Parkinson Society Central and Northern Ontario you will receive maximum tax benefits. As a result of tax changes in the 2006 Federal Budget, donating publicly traded securities is even more attractive. Under the new rules, you may donate stocks, bonds, futures and options, as well as shares in mutual funds and pay no tax on the capital gain. The most effective way to donate stocks or securities to Parkinson Society Central and Northern Ontario is to have the shares electronically transferred from your brokerage account to Parkinson Society Central and Northern Ontario’s account. We will issue you a receipt for the closing price on the date the gift is transferred to the Parkinson Society Central and Northern Ontario account. We would be pleased to provide you with additional details and instructions. For more information, please contact us at 1-800-565-3000 ext. 3378 / 416-227-3378 or at lorelei.wilkinson@parkinson.ca. Disclaimer: The information on this website is provided for general information purposes only. It is not intended as a substitute for professional advice and assistance from your lawyer, financial advisor, or tax consultant. We recommend that you discuss your plans with your lawyer and/or financial advisor before proceeding with a legacy gift.
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