Sponsors are finding out about a new way of giving that actually will benefit them more.
A sponsor talked to Pastor Brian earlier this year and asked if they can give a donation to Home of Hope directly from their investments. This was a great idea, but we didn’t have anything set up.
We are now able to receive donated shares and units In-Kind from investments, stocks, bonds, non-registered Mutual Funds and segregated funds.
Before you make a donation, consider if you have an investment account that you can give directly from instead.
There are some great benefits of doing this:
- Pay NO TAX on the growth of your investment.
- Get the full tax benefit. The charity gives you a donation receipt at the end of the year for income tax credit.
- Donated shares are exempt from any Capital Gains.
It’s EASY! Fill out the form (Form T2033) with the information and sign it over to Home of Hope.
FIND OUT MORE INFORMATION HERE.
Watch this 15-second video: