Capital Gains Tax has been eliminated for charitable and foundation donations
THE CAPITAL GAINS TAX on Donations of publicly listed securities to public charities has been COMPLETELY ELIMINATED. That means substantial savings for those who donate stocks to not-for-profit organizations. There has never been a better time to consider making this kind of gift to the Jewish Community Foundation. Whether your stock donation is to establish a new endowment fund or as a contribution to an existing fund, you could save up to $6,000 on a $10,000 gift.
For more information on this and other methods of giving, please call
Basya Laye, Foundation Director at 604 257-5100.