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Introduction to Stock Donations Charitable giving has evolved significantly, with donors increasingly exploring innovative methods to support their favorite causes. One such method gaining traction is the donation of stocks, which offers unique benefits for both donors and charitable organizations. In Canada, this form of philanthropy allows individuals to contribute appreciated securities, such as stocks, bonds, or mutual funds, directly to a registered charity. This approach not only supports meaningful causes but also provides tax advantages that make it an attractive option for many. Understanding the way to accept stock donations is essential for charities aiming to diversify their fundraising strategies and for donors seeking efficient ways to give. Why Stock Donations Matter Donating stocks has become a powerful tool in philanthropy due to its financial and tax benefits. When donors transfer appreciated securities to a charity, they avoid paying capital gains tax on t...
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