Instructions for a Gift of Publicly Listed Securities
When you donate a gift of securities to Dalhousie Medical Research Foundation the taxable capital gain is completely eliminated and you receive a tax receipt for the full market value of the security in the amount of the closing trading price on the day DMRF receives the security.
A donation of securities allows you to support local medical research at the Dalhousie Faculties of Medicine, Dentistry and Health, while taking advantage of the elimination of capital gains tax on the shares.
THIS PROCESS CAN TAKE PLACE IN THREE SIMPLE STEPS:
- Contact your financial advisor to discuss your interest in making a gift to DMRF;
- Contact Carol Murray, DMRF Manager, Annual and Planned Giving, (902)-494-8457 (w) (902)233-8767 (c) or firstname.lastname@example.org, to discuss the purpose of your gift, units being considered, and to provide her with your broker's contact information.
- To initiate the transfer, it is necessary for your broker to contact the Foundation's custodian:
RBC Investor Services Trust
155 Wellington Street West, Toronto, ON, B5V 3L3
Account: #152865001 (Canadian shares) #174404001 (US shares)
Account Name: Dalhousie Medical Research Foundation
FINS #: T720
CUID #: RTRA
DMRF will send you an acknowledgment of your donation in a timely fashion, with tax receipt to follow.
Disclaimer: Please note that DMRF does not provide tax or financial advice. The Foundation strongly recommends that you always consult an expert, such as an accountant, financial advisor or estate planner, prior to making a significant donation of any type.
Please Note: The value of the donation receipt is based on the closing bid price on the day the securities are legally received in the Foundation account with its custodian.
FULL CONTACT INFORMATION:
Ms. Carol Murray, Manager, Annual and Planned Giving
Dalhousie Medical Research Foundation
5743 University Avenue, Suite 98
PO 15000 Halifax NS B3H 4R2
(w) (902) 494-8457 (c) 902-233-8767 or toll free: 1-888-866-6559