Gifting Securities: The Unexpected Rewards of Giving Back
By Tyler MacLean, Financial Planner at Aviso Wealth | Beem Credit Union, and Vice Chair of Langley Community Health & Hospital Foundation Board of Directors
Charitable gifting of securities often starts as a practical decision - especially around tax season. That was the case for one client of ours who, a few years ago, made what they believed would be a one-time, sizeable donation to a local nonprofit.
The intention was simple: make a difference while also gaining a bit of a tax advantage. They never expected that single act would become the beginning of something deeply meaningful.
After the donation, the organization invited them to see the impact of their gift had made firsthand. They attended a small event, met some of the people benefiting from the programs, and suddenly, the numbers on paper became real lives, real stories and real change.
At Langley Community Health & Hospital Foundation, securities philanthropy is a particular strength among the fundraising team, which helps donors like our client make the most of their gifts while supporting vital local health care.
What began as a financial strategy turned into a heartfelt commitment. Every year since, they’ve continued to give - not out of obligation, but out of a growing desire to be part of something bigger than themselves. They’ve formed relationships with the staff and volunteers, and they now look forward for new charities to engage, seeing how their contributions help expand services and improve lives in their own community.
Charitable giving, it turns out, isn’t just about the dollars. It’s about connection, purpose and legacy. While the financial benefits are still real, the emotional rewards have far outpaced them.
If you’ve ever considered making a charitable contribution, whether large or small, don’t underestimate the ripple effect it can have - not just on those who receive, but on you, the giver. What starts as a tax-smart move might just evolve into one of the most fulfilling decisions you ever make.
The information provided is for information purposes only, may not be suitable for all investors and does not constitute financial or tax investment advice.
Mutual funds and other securities are offered through Aviso Wealth, a division of Aviso Financial Inc.