You can increase your giving power by donating publicly traded securities (stocks, mutual funds, or bonds) directly to the PRHC Foundation. This is the most tax-efficient way to give.
For those who’ve seen their investments grow over time, gifts of securities can be one of the most impactful ways to give. By transferring appreciated securities instead of selling them first, you may eliminate the capital gains tax you would otherwise pay. Instead of paying tax on the growth in value, you can direct those funds towards new equipment and technology, and help ensure PRHC has the resources it needs for the future. You’ll also receive a charitable donation receipt for the full fair market value of your gift.
“Many donors are surprised to learn that gifts of appreciated securities are one of the most tax-effective ways to give,” says Lesley Heighway, President & CEO of PRHC Foundation. “It’s a simple way to maximize your impact, helping ensure patients at PRHC have access to the world-class care they deserve.”
For more information on gifts of securities, please contact Steve MacDonald at 705-743-2121, ext. 3157 or smacdona@prhc.on.ca.