Gifts of Securities
Gifts of Securities
Gifts of securities are a tax efficient way to make a charitable donation! In 2006, capital gains on donations of publicly traded securities were eliminated; making this fantastic for you as a donor and as a result, your gift can have greater impact.
What counts as Securities?
Shares, bonds, mutual funds, and any securities traded on a public market in Canada or the United States qualify. Excluded are shares in private corporations and stock options.
How to make a gift of Securities:
- Download the Authorization Form
- Mail the Authorization Form to:
CIBC Wood Gundy Inc.
Attn: Tom Neufeld
1000 – One Lombard Place
Winnipeg, MB R3B 3N9
- Upon receipt, securities will be sold and the proceeds will be credited to the Mennonite Brethren Collegiate Institute (MBCI) account
- CIBC Wood Gundy Inc. will inform MBCI of the donation
- MBCI will issue and mail a tax deductible charitable donation receipt
Read more to learn about the tax advantages of donating securities.