Donate

Gift of Stock and Annuities

You can make an investment in the gift of sight and reduce your taxes by donating to Operation Eyesight.

What are the advantages of giving a gift of stock?

  • It removes taxation of capital gains, making it the most tax-effective way to donate*
  • The tax efficiencies of gifts of publicly traded securities may allow you to give more than you might have thought*
  • You will receive a tax receipt for the market value of your donation

Donating your stock is easy

  1. If you have questions prior to making your donation, please contact us at 587-327-5681, ext.105 or 
    email securities@operationeyesight.com
  2. Download and complete the Gift of Stock Transfer Form
  3. Send a copy of this form to your broker
  4. Send a copy of this form to Operation Eyesight

    Email: securities@operationeyesight.com
One of our team members will contact you once your gift has transferred successfully and will issue you a charitable tax receipt. 
The date of the donation is considered to be the date that the shares were deposited into Operation Eyesight’s account. The 
value of the donation for tax purposes will be the closing price of the securities on the date the securities are received into 
Operation Eyesight’s account.  
Notes:

*This information is general and does not constitute legal of financial advice. Operation Eyesight encourages you to seek 
professional, legal and/or financial advice before taking a course of action.

Some restrictions apply. Operation Eyesight reserves the right to reject a gift of securities. View our gift acceptance policy here.

Tax benefits of donating a publicly listed stock to Operation 
Eyesight

When you sell a stock or mutual fund that has increased in value since you purchased it, you must pay tax on the capital 
gain. However, if you donate the securities to charity, you pay no capital gains tax. This makes appreciated stock one of the 
most cost-effective ways to donate to Operation Eyesight. 
By donating securities directly to Operation Eyesight (as opposed to selling them and then donating the proceeds), you’ll:
  • eliminate capital gains taxes; 
  • maximize the return on your investment; and 
  • increase your tax credits to be used against other taxable income.
When you donate a publicly traded stock that you have accrued capital gains on directly to Operation Eyesight, you and 
Operation Eyesight benefit from the elimination of the capital gains tax, and you benefit from the donation tax credit. The 
combined tax savings for you can be notable.

The following example illustrates this point by comparing two alternatives for donating securities with a fair market value of 
$50,000 and an increase in the assets book value (adjusted cost base) of $10,000. The donor’s federal and provincial marginal 
tax rate is 46 per cent; therefore, the donor receives a combined federal and provincial donation tax credit at a rate of 46 per 
cent.
Sells shares and

then donates cash
Donates shares

directly
FMV of donation (a)

$50,000
Adjusted cost base
$10,000
$10,000
Capital gain
$40,000
$40,000
Taxable capital gain
$20,000
$20,000
Tax on capital gain @ 46% (b)
$9,200
$9,200
Donation amount to Operation Eyesight after tax (a) – (b)
$41,800
$50,000
Tax savings from donation tax credit (c)
$23,000
$23,000
Total cost of donation to donor = (a) + (b) – (c)
$32,000
$27,000
In the above example, Operation Eyesight receives $8,200 more if you donate your shares directly.  
The cost to your finances if you sell the shares and then donate the cash to Operation Eyesight is $9,200 more than if you 
donate your shares directly to Operation Eyesight. The difference is a result of the eliminated capital gains tax on the donated 
securities.

Gift of Annuity

How can you save on your taxes, gain a dependable payment stream and make a significant gift to 
Operation Eyesight? 
Consider a charitable gift annuity. It combines a charitable gift with a life insurance contract that provides regular payments to 
the donor in exchange for a lump sum payment. 
If you’re interested in donating stock or securities or have any questions, please contact us.
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