A Tax-Effective Way to Make a Donation
The YMCA accepts gifts of securities (publicly traded securities: stocks, bonds, mutual fund units), which is a tax-effective way of making a donation. To make a gift of securities to the YMCA of Hamilton|Burlington|Brantford, please speak with your broker or investment advisor and inform us.
Gifts of security will be electronically received by RBC Dominion Securities on behalf of the YMCA.
You receive greater tax benefit through donating a gift of securities "in kind" than you would if you sold the securities and donated the cash proceeds. You will receive a tax receipt for fair market value of the gift based on the closing price of the shares on the day the shares are received by the YMCA.
Contact us for more information or to discuss your giving intentions.
Paul Haddad
Vice President, Philanthropy
P: 905-977-1791
E: paul.haddad@ymcahbb.ca