Giving Securities

Thank you for considering a donation of publicly traded securities to the National Capital Region YMCA-YWCA. The Y can accept different types of securities, including publicly listed shares, bonds or mutual fund units.

The Y strongly recommends that you consult with your own financial advisor(s) before initiating any type of donation. This will ensure that you receive professional advice that is tailored to your personal financial and tax situation.

Please find listed below some important information regarding your donation.

Fair Market Value

The fair market value of your securities is based on the closing market price on the day that they are received at the National Capital Region YMCA-YWCA’s Wood Gundy Account. You will receive a tax receipt based on the fair market value of the securities.

Capital Gains Tax Eliminated on Donations of Appreciated Securities

On May 2, 2006, the federal government eliminated the capital gains tax on donations of publicly listed securities to public charities. Therefore, you will not pay any income tax on the capital gain that is triggered by your donation to the Y. In contrast, if the securities are sold and the cash is then donated to the Y, 50% of the capital
gain is taxable.

How to Transfer the Securities

It is the Y’s preference for you to make a donation of securities via electronic transfer. This is often more convenient for the donor and also provides a clean paper trail endorsed by the Canada Revenue Agency.

How To Proceed

1. Contact Cheryl Thompson, Campaign Coordinator at the National Capital Region YMCA-YWCA, and let her know of your intent to make such a donation. Cheryl can be reached at 613.237.1320 extension 5049 or EMAIL CHERYL ».

Please advise Cheryl of the following:

• The name, number and type (i.e. common or preferred) of securities you wish to donate;
• The approximate value of the securities;
• The date you wish to make your donation;
• How you would like to designate your donation;
• The name and contact information of your financial advisor or broker;
• Any other relevant information concerning your donation.

2. Contact your financial advisor or broker. You will need to provide him/her with written authorization stating your intent to transfer securities from your account to the National Capital Region YMCA-YWCA’s Wood Gundy account.

Copies of this letter should be faxed to:

This will initiate a book base transfer the day of the fax, or whatever date is most suitable for you. Again, the receipt will be based on the value of the securities as at the close of business on the day they are received by the Y.

National Capital Region YMCA-YWCA’s Wood Gundy Account Information:
Account Number: 47513632-11
FINS Number: T079
CUID: WGDB
DTC# 5030
DEALER CODE: 9820
REP CODE: Z71

3. Once the transfer is complete, the Y will deliver your official income tax receipt, as well as our grateful thanks.

Thank You for Your Support!

For more information visit the Canada Revenue Agency.