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Gifts of Stock or Securities
Program Comparison (0) About Program Comparison

Program Comparison Help

Decision-making made easy! This tool gives you a breakdown of individual programs offered at George Brown College and how they differ from other programs you’re interested in. Use this tool to select up to 10 programs to compare, helping you make the right choice for the career you want.
Instructions:

1. Under Program Comparison, click Add a New Program

2. Search for one of the programs you’re interested in (either alphabetically, by interest or by job)

3. Click on the title of the program in the menu

4. Click Add to Comparison

5. Continue searching for programs using steps 2-4

6. When you’re done, clicking Program Comparison will give you a preview of the programs and the option to delete, add or clear all

7. Open Program Compare for more details and an easy-to-read comparison of the programs you’ve selected

Gifts of Stock or Securities

In Canada, there is currently no capital gains tax on donations of publicly listed securities. This means you receive a tax receipt for the full value of publicly traded shares donated, but you are NOT taxed on any gain. Your charitable receipt will reflect the closing price of the shares on the date they are received in our brokerage account.

The chart below shows the net tax benefit of donating shares in a publicly-listed corporation directly to a charity. This example assumes an original cost of $20,000 for the share, a marginal tax rate of 45 per cent and an eligible donation amount of $100,000.

  Donor sells shares and donates the cash  Donor gives the shares directly to the charity 
CURRENT FAIR MARKET VALUE OF SHARES $100,000 $100,000
ORIGINAL PURCHASE PRICE (Cost basis) $20,000 $20,000
CAPITAL GAIN $80,000 $80,000
TAXABLE GAIN (50%) $40,000 $0
LESS TAX ON GAIN (at 45%) ($18,000) ($0)
TAX CREDIT ON DONATION $45,000 $45,000
TAX SAVINGS  $27,000  $45,000 

 

 

For more information, download our Gift of Stocks or Securities information package, or contact: 

Jessica McGann, Manager, Annual & Online Giving
George Brown College Foundation
416-415-5000 ext. 3709
email: jmcgann@georgebrown.ca