Tax Smart Giving

Stocks & Securities

A donation of publicly traded securities is one of the easiest and most effective ways to support The Princess Margaret. Under rules set out in the 2006 federal budget, you may give stocks, bonds, futures and options, as well as shares in mutual funds and you will pay no tax on the capital gain. This greatly reduces the out-of-pocket expense of making such a donation. 

For example, a gift of stocks that are worth $10,000 today that you previously acquired for $5,000 would provide you with about $4,500 of income tax savings*, and there would be no capital gains tax owed. This would make the cost of your $10,000 gift a mere $5,500, and would save you what could amount to thousands of dollars of capital gains tax.

To make such a gift is easy.  Simply download a Securities Transfer Form and follow the instructions.

 * the example assumes you earn income in the top tax bracket in Ontario.

Gifts in Kind

The Princess Margaret Cancer Foundation operates and assists with a large number of fundraising events.  Donations of products that can be used for our events—including raffle prizes, auction items or ‘giveaways’ to participants—can be helpful.  If you have products that you believe may be useful for the fundraising activities of the Foundation, please contact Flo Bernard.

Donate a Car

If it’s time to get rid of your old automobile, you could turn it into a donation to help cancer research at Princess Margaret Cancer Centre.  Find out more about this opportunity.