A Gift of Securities is the transfer of shares and/or stocks. It is an easy and tax advantageous way to help Habitat for Humanity Regina serve more families. To transfer securities to Habitat Regina, simply fill out the form below and send it to your advisor.
Habitat Regina Securities Transfer Form
Your advisor will be able to provide the CUSIP and FINS numbers required on the form and will mail or fax the form to Habitat Regina on your behalf. Habitat Regina sells all donated securities upon receipt into our account, with the net proceeds directed to the area of greatest need or to an area of care you designate.
The amount of your charitable tax receipt is determined by the closing price on the day we receive the securities in our account. Please note that with the exception of complex transfers and proprietary funds, all transfers initiated within 30 days prior to the end of a calendar year will be receipted in that same calendar year.
Your advisor may direct inquiries to the following contacts at RBC Dominion Securities:
Mark Stefan: (306) 791-9241 or Carissa Robins: (306) 777-0503
What types of securities will Habitat Regina accept so that I may qualify for the exemption from Capital Gains Tax?
Habitat Regina will accept most securities that are publicly traded on any Canadian exchange. This includes such items as stocks, debt instruments such as bonds, GICs, flow through shares, shares in mutual funds and stock options.
How long does it take for my securities to reach Habitat Regina’s account?
Most transfers are finalized anywhere from one week to one month. However, in some instances where complex securities are involved, it can take up to 90 days.
I consider these types of gifts late in the year. How can I ensure my tax receipt will be dated in the calendar year I wish when I transfer my shares?
As there are many factors that affect the time it takes to transfer securities to Habitat Regina’s account, initiating a transfer at least 30 days before the end of a calendar year will help ensure the receipt is issued to you in that same calendar year.
Can I just sell my shares and donate the cash proceeds to Habitat Regina, instead of transferring the shares?
You can do that and you will still receive a charitable tax receipt for the amount of cash donated. However, you would forfeit any Capital Gains Tax exemptions. You must transfer your shares directly to Habitat Regina to also receive the Capital Gains Tax exemption.