Maximum Giving:
Benefits For You and Your Community
Maximize your giving impact while optimizing your personal tax benefits by donating securities.
Scroll down for a closer look at the advantages of donating securities over cash.
The chart below shows the tax advantage when you donate shares to Hospice Muskoka instead of selling them and donating the proceeds. This calculation assumes a tax rate of 50%.Â
Donate shares directly
$10,000
$2,000
$8,000
$0
$2,500
$0
$2500
Sell shares & donate cash
Fair market value
Cost basis
Capital gain
Taxable gain
Tax credit
Tax on capital gain
Tax savings
$10,000
$2,000
$8,000
$4,000 (50%)
$2,500
$2,000
$500
Ready to Maximize your Giving?
Contact your financial planner to learn more about how to gift securities. Click the link below when you're ready to donate.
We are happy to answer any questions you have about donating securities to Hospice Muskoka. Contact Jody at FundDevelopment@hospicemuskoka.com or 705-646-1697 ext 210.