A gift of securities is one of the most cost-effective ways to support UBC. When publicly listed securities are donated to UBC, the tax on the capital gains is eliminated. Any publicly listed securities, including shares, bonds, warrants, stocks, mutual funds and segregated fund units qualify.
Making the gift is straight forward: As most securities are held electronically, your broker can usually execute a transfer in one or two days. Even mutual funds can transfer quite quickly.
You receive a charitable tax receipt equal to the mid-point of the trading value or the closing value of the securities, whichever is higher, on the date the securities are received in UBC’s account.
UBC will sell the securities and direct the proceeds to the cause you have specified.
You can deduct the entire gift in the current year or carry tax credits forward for up to five years.
Husband and wife team Glen and Margaret Carlson have a lot in common: they are both graduates of the Faculty of Medicine, and they both share a determination to help students pursue their dreams.
Roy Barnett’s lifelong passion for music inspired him to make a transformational gift to the UBC School of Music. With the support of his wife Gunilla, Roy made a gift of securities to fund a major renovation of the Recital Hall.
If you would like to learn more about gifts of securities, we would be pleased to help. Please contact us.
Development Operations
500-5950 University Blvd
Vancouver, BC, Canada V6T 1Z3
