Donating securities, such as stocks, bonds or mutual funds, is a tax-efficient way to support the ministries of St. Laurence while avoiding capital gains tax.
Benefits of donating securities:
Tax Efficiency: When you donate appreciated securities directly to St. Laurence, you DO NOT PAY capital gains tax on the increase in value. This means you can give more to us without incurring additional tax liabilities.
Charitable Tax Receipt: You will receive a tax receipt for the FULL FAIR MARKET VALUE of the securities on the date of donation, which can be used to reduce your taxable income.
Please contact the office at office@saintlaurence.ca to arrange for this type of donation.