Securities

Gifts of publicly traded securities (stocks, bonds, mutual funds) to the Bowmanville Hospital Foundation is one of the most tax efficient ways you can give.

This is because you will not have to pay capital gains tax. You also receive a charitable tax receipt based on the market value of the transferred securities, determined at the close of trading on the day we receive them. Our policy is to sell donated securities immediately upon receipt.

To realize the tax benefit, you must not sell the securities. Simply contact Frank Cerisano at 905.623.3331 x 21882 or email fcerisano@lakeridgehealth.on.ca and he will help you through the process.