Why transfer securities instead of selling them first?
Can donating securities be more beneficial than donating cash? Your financial advisor will be able to guide you on managing your charitable giving as part of your financial plan.
With a donation of stocks or mutual fund units to Sherbrooke Foundation, you will receive a charitable tax receipt for the current market value of the securities and reduce the capital gains tax.
Important year-end deadlines
We encourage you to complete the transfer well before the end of the tax year (allow two to three weeks). Ask your broker to complete the Transfer of Securities Form
Your gift of securities helps our homes
When you use a gift of securities to support our homes, you can build capital improvements in our homes, enhance quality of life through equipment and therapies, and provide the vibrant music, arts, and recreation programs for Elders that Sherbrooke is known for.
Your giving makes a difference. You can contact Joy-Ann Allin to discuss making a gift or to notify us of your transfer.