Your Stocks Can Do More Good

Many charities accept gifts of stocks and other publicly traded investments—and St. Andrew’s can too.

Through The Presbyterian Church in Canada (PCC), you can donate appreciated shares, bonds, or qualifying mutual funds and designate St. Andrew’s as the recipient. The securities are transferred directly to the PCC, sold, and the proceeds sent to St. Andrew’s.

Why give stocks? Suppose you have shares worth $5,000 that originally cost $2,500. If you sell them yourself, you would normally pay capital-gains tax on the increase in value. If you donate the shares directly to the PCC, you can generally avoid that capital-gains tax while receiving a charitable tax receipt for the full value of the gift.

How to give:

• Contact your investment advisor or brokerage.
• Ask to donate securities to St. Andrew’s Presbyterian Church, Kamloops, through the PCC.
• Complete the PCC transfer form (see attachment below)
• The PCC handles the sale and sends the proceeds to St. Andrew’s.
• The process can take several weeks, so plan ahead—especially for a year-end gift.

If you have investments that have grown in value, your stocks can do more good by supporting the ministry of St. Andrew’s.

Tax benefits vary according to individual circumstances. Please consult your financial advisor or tax professional.