Appreciated Securities

Gifts of Appreciated Securities

There are significant tax savings for taxpayers who donate publicly listed securities. In the 2006 Federal Budget the taxable gain on gifted securities was removed completely. A receipt is given for the market value of the securities transferred (market value on date of transfer) to the Foundation.

Qualified Appreciating Securities

  • Shares, bonds, warrants, and options listed on a prescribed stock exchange.
  • Mutual fund shares/units and segregated fund units; (insurance).
  • Prescribed debt obligations (such as certain government bonds).

The actual securities must be transferred to the Canadian Rugby Foundation. It is very important to note that the gift will not qualify for this favourable treatment if the securities are sold and the proceeds are then gifted to the Foundation.