Gifts of Appreciated Stock

The 2006 Federal Budget made contributions of stocks more tax-effective than ever before. In fact, all donations of stocks and securities to Belmont House are fully exempt from capital gain tax.

An Illustration of Gift of Stocks and the Benefits to You :


Assuming 46% Tax Rate Gift Shares Directly to Charity Sell Stock and Give Total Cash Proceeds From Sale to Charity
Market value $ 10,000 $ 10,000
Cost basis $ 2,000 $ 2,000
Capital gain ($10,000-$2,000) $ 8,000 $ 8,000
Taxable capital gain (50% of $8,000) $ 0 $ 4,000
Tax due on gain (46% of $4,000) $ 0 $ 1,840
Donation tax credit (46% of gift to charity – see below)* $ 4,600 $ 4,600
Net tax savings to donor (tax credit less tax due)** $ 4,600 $ 2,760
Gift to The Belmont House Foundation* $ 10,000 $ 10,000


1. Notify us of the number of shares and the name of the stock being donated by contacting the Belmont House Foundation at 416-964-9231 ext. 238.

2. Contact your broker or investment adviser to request the transfer of stock and provide him or her with the following information:


The Belmont House Foundation Broker: Shelagh Finlayson (416.842.7243)
at RBC Dominion Securities Inc.
FINS number (if Canadian securities): T002
CUID Number (if Canadian securities): DOMA
DTC Number (if US securities): 5002
Belmont House Foundation account number: Belmont House Foundation, 421-42145-1-4


Download and complete the Transfer of Shares Form

Your broker will then have all the information to transfer the stock into our account.

3. Once the transfer is complete, we will contact you to confirm the amount of the charitable tax receipt.