A gift of stock is a simple, effective and tax-efficient way to make a charitable donation.
You will receive an official income tax receipt equal to the the fair market value of the securities at the time of the transfer and you will not pay tax on the capital gain.
Securities are easy to transfer:
- Download the transfer form
- Your broker transfers the shares from your account to BMO Nesbitt Burns’ brokerage account indicated on the form
- Send the completed form by email to the attention of jbriand@montfort.on.ca at the Montfort Foundation
