Ask the Expert: Gifts of Securities

Charitable giving of securities often starts as a practical decision. But in the end, it’s all about connection and legacy.

Langley Community Health & Hospital Foundation (LCHHF) helps donors make the most of their securities gifts (through stocks, bonds, mutual funds and investments in an RSP/RIF, TFSA or cash portfolio), thanks to expertise of volunteers like Foundation Board Vice-Chair Tyler McLean, a Certified Financial Planner with Beem Credit Union.

What happens once I donate securities?
Your gift is sent immediately to the areas of greatest need in Langley’s health care, such as essentials for patient care or hospital staff education. You’ll receive a tax receipt for the full market value of the security at the time of the donation.

Can I donate securities in honour or memory of someone?
Yes! All gifts from an individual or through a company can be donated in memory or in honour of a loved one.

For more tips on Securities and Legacy giving, see our video toolbox.

The information provided is for informational 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.