A gift of publicly traded securities to the University of Waterloo (Waterloo) is a wonderful way to support students, excellence in teaching and research, and benefit from very favourable tax credits.
Gifts of securities include privately or publicly held shares, bonds, mutual funds and stock options
When gifting shares directly, you receive a charitable tax receipt for the fair market value on the day the shares are received by Waterloo (valued at average of high/ low trading price of the day) and you are exempt from capital gains realized on such gifts. If however, you sell the shares yourself and donate the proceeds, 50 per cent of the taxable gain must be included as income.stock options.
To make a gift of securities, you may initiate electronic transfer of securities from your broker to Waterloo’s broker using our Letter of Direction for a Gift of Securities
For more information on gifts of securities, please contact Lisa Doherty, Associate Director, Operations