Donating securities

Charitable Impact gladly accepts gifts of stocks, bonds, mutual funds, and other securities. The tax benefits of donating securities directly are far greater than selling them and donating the proceeds. Charitable Impact also accepts privately traded securities.

Publicly traded securities

There are two options available to donate publicly traded securities. You can either:

1. Transfer the securities in kind and hold them in a Charitable Investment Account for further growth, or

2. Transfer the securities in kind and sell them as a Pass-Through donation for immediate grants.


Learn about the processing fees related to donating securities held in a Charitable Investment Account.

How to donate securities with a Charitable Investment Account:

  1. Instruct your advisor to contact Charitable Impact: Kathleen Brouse, Account Manager of Charitable Investment Programs, 778-331-0571
  2. We send your advisor an Investment Policy Statement and Fee Schedule.
  3. We send you a Donor Application for you to complete and return to us.
  4. We open a Charitable Investment Account with your advisor, and you sign a transfer form to move your assets into it.
  5. You sign up for a personal Impact Account if you don’t have one already. 
  6. You will receive a tax receipt for the fair market value of the securities once the transfer is complete.
  7. You will let us know when you want to send grants to charity. We will sell some or all of the assets and make the funds available in your Impact Account.

How to donate securities for immediate sale and giving:

  1. Fill out a Letter of Direction that your broker provides you (or download this one).
  2. Send a copy to your broker who will initiate the transfer of securities.
  3. Send a copy to Charitable Impact: Kathleen Brouse, Account Manager of Charitable Investment Programs

  4. Send a copy to Charitable Impact’s broker: Julia Cheng, CG Wealth Management, 604-643-7505
  5. Sign up for a personal Impact Account if you don’t have one already. 
  6. When the securities are received, they will be sold as soon as possible. The proceeds resulting from the sale, net of commission, will then be deposited into your personal Impact Account. 


The fee charged by CG Wealth Management is calculated based on the trade value:

  • $0 - $2,999: $130  
  • $3,000 - $4,999: $150 
  • $5,000 and above: $180 or (1% + $30) whichever is higher

Ex. 100 shares of ABC Inc. are donated and subsequently sold at a price of $200/share:

  • Trade value: $20,000
  • CG Wealth Management Fee: $20,000 x 1% = $200 + $30 = $230
  • Net amount deposited to Impact Account: $19,770

Eligibility requirements

Investments are eligible if they are:

  • Capital property in the hands of the donor
  • Shares, bonds, and debentures that are listed on a prescribed stock exchange
  • Rights and debt obligations (typically bonds or debentures) that are listed on a prescribed stock exchange
  • Shares of a Canadian public mutual fund corporation and units of a mutual fund trust
  • Interests in a segregated fund trust
  • A bond
  • Debenture
  • Note or mortgage of the Canadian federal or provincial governments

Example of tax savings


Sell shares and donate the cash (without Charitable Impact)

Donate shares through Charitable Impact

Current value of shares



Original purchase price



Capital gain



Taxable portion of gain @ 50%



Tax @ 46.4%



Amount available for charity



Net tax savings




*Top tax rate


Eligibility requirements

Charitable Impact is able to facilitate the donation of privately traded securities as well, including:

  • Private company shares
  • Life insurance
  • Real estate
  • Cryptocurrency
  • Art

To learn more, please contact our team at


Prescribed stock exchanges generally include the Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange and most major foreign stock exchanges.

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