When you help them donate publicly traded securities with Charitable Impact, a Canadian donor-advised fund, you can further advance your clients’ tax position. You’ll also help them better support their favourite causes—deepening your offering and further distinguishing your business.
Get more informationReduce capital gains tax to $0
Capital gains are deemed to be zero when donating appreciated publicly traded securities with Charitable Impact.
Offset more taxable income
Instead of selling first, donating publicly traded securities directly leaves your client with a larger tax credit to offset other taxable income.
Support every client with one solution
Process and manage donations of publicly traded securities for all of your clients, no matter which charities they support.
Originally purchased at $1,000.
Calculated on $9,000 capital gain.
After capital gains tax deducted.
Amount that can be used to offset other income.
Value of securitiesOriginally purchased at $1,000. |
|
Selling | Donating |
$10k
|
$10k
|
Tax on capital gainCalculated on $9,000 capital gain. |
|
Selling | Donating |
$1,980
|
$0
|
Donation amount after taxAfter capital gains tax deducted. |
|
Selling | Donating |
$8,020
|
$10,000
|
Charitable tax creditAmount that can be used to offset other income. |
|
Selling | Donating |
$3,529
|
$4,400
|
Some clients will know exactly which charities they want to support, and when. You can help them get the tax benefits of donating publicly traded securities and enable them to support their charities of choice immediately.
Other clients might not know which charities they want to support yet. They may also want to donate larger amounts to offset tax liabilities, or to support charities over time. Your investment management expertise can continue to benefit them and the growth of their charitable dollars.
Often, clients will prefer to support charities immediately with a portion of their donation, while retaining the remaining balance with you to manage over time. With Charitable Impact, it’s simple to do both.