250.629.3233 (Clinic)

Security

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A gift of publicly traded securities, such as stocks, bonds or mutual fund units is the least expensive way to make a gift to the Pender Islands Health Care Centre.

If you own publicly traded securities that have increased in value and you sell those securities, 50% of the capital gain is taxable. However, if you donate those securities to a charity, you will not pay tax on the capital gain. And the charitable tax credit you receive will offset tax on other income.

Securities are equally effective when given today or in the future through a bequest in your will.

Giving a gift of securities is an important decision and one that you may want to discuss with your accountant or financial advisor.
To make arrangements to give a gift of securities please contact:

Robert Dill, Executive Director
Pender Islands Health Care Society
5715 Canal Road
Pender Island, BC V0N 2M1
Phone: 250-629-3326
info@penderislandhealth.ca 

Once your gift of securities has been received and we have been advised of the value at closing, on the day that they were received into our brokerage
account, a receipt for income tax purposes will be send to you.