Give a Gift
of Securities
Intro
By making a direct gift of publicly traded securities to ROM, you can achieve far greater tax savings than by donating the cash proceeds from the sale of the securities.
When you make a gift of stocks, bonds, futures, options, or shares in mutual funds, you pay no tax on the capital gains earned. This could provide a tax saving of up to 50%. A charitable tax receipt is issued for the fair market value of the securities on the date they are transferred to ROM. This is a great way to reduce the out-of-pocket expense of making a donation. It’s cost-effective and straightforward.
To make a donation of securities to ROM, simply instruct your financial institution or broker to contact CIBC's Investor's Edge to advise of the pending transfer of securities. Your broker will be required to provide the information in the Gift of Securities Form (please see below) to initiate the process.
We then ask that you kindly advise ROM Governors of the pending donation by forwarding a copy of the Gift of Securities form to Clara Eta at ceta@rom.on.ca. You can also reach Clara by telephone at 416.586.8073 for any questions. Thank you for your generous support of ROM!
Gift of Securities Form (PDF)
Gift of Securities Form (Word)
