VGH &UBC Hospital Foundation Article

Why publicly traded securities make great charitable gifts

Charlene Taylor
Director of Gift & Estate Planning
VGH & UBC Hospital Foundation

Every day philanthropic support of VGH & UBC Hospital Foundation makes a tremendous difference
for patients across BC, funding vital equipment, groundbreaking research and creating opportunities to recruit world-class health care leaders.

An increasingly popular donation option is gifting publicly traded securities such as stocks, bonds or mutual funds. These gifts can be any size, given immediately or left to VGH & UBC Hospital Foundation in your Will.

Not only can the impact of this type of gift create a lasting legacy for our health care system, but can also provide significant tax benefits to donors and their estates.

An increasingly popular donation option is gifting publicly traded securities such as stocks, bonds or mutual funds. These gifts can be any size, given immediately or left to VGH & UBC Hospital Foundation in your Will.

TAX-EFFECTIVE
Gifts of securities to a registered charity is one of the most tax-effective ways to give, as donors benefit from the donation tax credit and the elimination of the capital gains tax that you would need to pay if you opted to sell the same shares and donate the proceeds. If the gift is left in your Will, your estate can see these same benefits.

SIMPLE TO DO
Most securities are held electronically and can be easily transferred from your brokerage account to a brokerage account held by VGH & UBC Hospital Foundation. At your request, your financial advisor can make a simple electronic transfer to the charity.

LASTING IMPACT
Whether you donate now or leave a gift in your Will you will have a vital impact on health care in BC. You can direct your gift to a specific area of care that is close to you and your family, or leave your gift undesignated, which allows our Vancouver Coastal Health partners to direct funding to their most urgent needs, supporting groundbreaking research, new tools and technology, and on-going support for our health care workers.

Staff at Vancouver General Hospital provided care throughout the pandemic. Photo: William Orusa

For more information, please visit vghfoundation. ca/securities or contact Charlene at Charlene.taylor@ vghfoundation.ca or 604 875 4917.

The information above is not intended as legal or financial advice. We encourage you to consult a qualified Financial Advisor.

VGH UBC Hospital Foundation

,