A New and Easy Way to Make a Contribution
MATCH has opened an Investment Account and we're ready to roll out a new, mutually-beneficial way to donate.
Changes announced in the 2006 Federal Budget make it much more attractive to donate gifts of public-traded securities to registered charities. Stocks, bonds, mutual funds, bills, futures and warrants can be turned into generous charitable gifts. Plus, capital gains have been eliminated on all gifts of public-traded securities to charities like MATCH.
What does this mean? Supporters like you can enjoy significant tax savings when you make a donation of appreciated securities in the form of an "in kind" transfer of the security itself. MATCH issues a charitable tax receipt for the fair market value of the gift of securities to be used for tax purposes – the fair market value is determined based on the closing price of the securities on the date the gift is received by MATCH.
Here's an example of how it all works:
Paula decides to give MATCH publicly traded securities. She bought them for $400 and they are now worth $1,000, making the capital gain $600. Paula's assumed combined federal and provincial marginal tax rate is 46%. By donating $1,000 worth of appreciated securities directly to MATCH, Paula has eliminated any capital gains tax and saved an additional $140.
We are always trying to expand the range of options available for people like you to help MATCH carry out its valuable work.
For additional details regarding this donating option, please contact Fundraising & Donor office at 613-238-1312 or info@matchinternational.org, or consult your financial or tax advisor.