A gift of publicly-traded securities is the least expensive way to make a gift to
The Port Coquitlam Community Foundation

 

You will receive an immediate income-tax deduction for the fair market value of the securities on the date of transfer, no matter what you paid for them.

You pay no capital gains tax on the transfer.

Thank you for your interest in donating securities to The Port Coquitlam Community Foundation. A gift of publicly-traded securities, such as stocks, bonds or mutual funds, can be made to the Foundation. Transferring securities is very easy to do. For more information please contact Guy La Pierre at PI Financial or you can follow these steps:

Download the below form (you may need your broker / advisor’s assistance) and deliver it to your broker or financial advisor along with a copy of your most statement with regard to your wish to make a gift of securities to The Port Coquitlam Community Foundation.

Your advisor should then contact and deliver the completed form and statement to our agent:

Once the securities have been transferred into the Community Centre’s brokerage account, PI Financial will advise us in writing of the receipt of the securities and the closing bid value on the day the securities were received into our account.

We will issue an official receipt to you for official tax purposes for the value as determined by PI Financial.

It is the Community Centre’s policy that securities, once received by the Community Centre or its broker, will be sold and the proceeds transferred to the Community Centre’s investment account.

Note: The information on this page can help facilitate discussions between you and your advisor. It is not intended as legal advice. We encourage you to seek advice from a qualified professional.