WEBINAR NOW AVAILABLE ON OUR YOUTUBE CHANNEL!

With the tax filing season close at hand, Heritage Ottawa was pleased to recently offer a webinar on The Tax Benefits When Gifting Securities to Charities. Guest speaker Douglas Lai, ScotiaMcLeod Portfolio Manager and Wealth Advisor, began his presentation with a helpful Finance 101, in which he stressed how important it is for all investors and donors to have a financial plan that includes philanthropic goals. He referenced various types of charitable gifts, which included public securities, the focus of the webinar.

Heritage Ottawa organized the webinar as part of our fundraising efforts to ensure the financial stability of the organization into the future. In his introduction, board member Paul Bennett emphasized the importance of member and public donations in that strategy, and went on to outline the role that the charity CanadaHelps plays in facilitating the efforts of both donors and charities such as Heritage Ottawa in gifting public securities.

Some of the key takeaways of donating securities to Heritage Ottawa through CanadaHelps include:  significant benefits in eliminating the capital gains on securities appreciation, providing larger tax receipts, and greater tax credits to donors. At the same time, Heritage Ottawa receives the full cash value of the donated securities, mutual fund shares or life insurance, facilitating a greater financial contribution toward the organizations undertakings.

CLICK HERE to view the full webinar, including the question and answer session, on our YouTube channel. The accompanying slide deck is available HERE.

For more information on gifting public securities and other donation options, visit heritageottawa.org/make-donation.

Make your tax filing season less of a chore this year!