Lifewater Canada Donation of Securities

Transcription

1 Lifewater Canada Donation of Securities 457 Heather Cres Thunder Bay, ON, P7E 5L1 Phone: (807) info@lifewater.ca Charity #: RR0001 On behalf of all the children, men & women without safe drinking water, we thank you for choosing to make a gift of securities to Lifewater Canada. Please help us properly thank you by letting us know what you are donating and how you would like the funds used: Jim@Gehrels.ca or Jim Gehrels ( ) Why Donate Securities? There are no capital gains on securities donated directly to charities. Donating securities maximizes your gift to Lifewater and gives you a bigger tax receipt! Here is an example of why this is an excellent giving option: If you are in a 45% tax bracket and the stock you bought for $1,000 is now worth $5,000, selling it would result in a capital gain tax of $900. Your net donation would be $4,100 and your tax receipt would save you $1,845. If you donated the shares instead, your donation would be $5,000 and your tax receipt would save you $2,250! How to Donate Securities Stock donations are managed by our partner, Link Charity. To donate Securities, follow the simple 3 step instructions: 1) Select and complete the one page of the attached Security Transfer Forms that corresponds to the brokerage you deal with. If your brokerage is not listed, contact Link Charity (see below). 2) Send the completed transfer form to your broker. a copy of the form to Link Charity for its records (gary@linkcharity.ca). 3) Finally, download, complete and to Link Charity the attached Letter of Direction, designating the gift to Lifewater Canada. 4) If you have any questions or need to transfer actual paper certificates, please contact Gary Gerard at Link Charity ( or gary@linkcharity.ca). Thanks so much! Jim Gehreks, P.Geo President Lifewater.ca

2 DISTRIBUTION OF PROCEEDS LETTER OF DIRECTON I am transferring the following securities to Link Charity Canada Inc.: # of shares Name of security Sending Receiving Please sell/redeem at: Market Value A price not less than $ /share Link Charity, please donate the proceeds to the charities in the amounts/ percentages listed below: (if giving dollar amounts, please designate one charity to receive the balance ) Amount ($ or %) Charity Name and Designation or Restriction (if any) Contact Person (if any) If more charities, please attach another page with a full listing of amounts/percentages Applicant: Family Name Given Name Signature(s): Date: This page should be sent to Link Charity only do not send it to your brokerage. *Link Charity s fee is $25 for the first charitable beneficiary and $10 for each additional beneficiary of the same transaction

3 Instructions: 1. Send the original copy of the transfer form to your broker. Link Charity would appreciate receiving a copy of the form for its records. 2. When a transfer is initiated, Link Charity should receive an accompanying Letterof Direction containing anyselling restrictionsor giftdesignations. A sample Letter ofdirection is availableon the Securities section of Please send Link Charity the original; it is not necessary to provide the letter of direction to your broker. 3. Gifts receivedwill be sold in accordance withthe donor s instructions andreceipted according to Link Charity Canada Inc. s receipting policy. For information onthis policy, please contact LinkCharity. 4. Link Charity Canada Inc. requests permission to charge a small fee to recover costs incurred as a result of the transfer and sale. From the gross proceeds of thesale, Link Charity deducts anyselling commissions (charged by the receiving brokerage) as well as a Link Charity cheque fee of $25 for the first beneficiary ofa transaction and$10 for each additionalbeneficiary. Page 2

4 BMO Investorline Account Number: Donor(s) Information: Family Name

5 CIBC Investor Services Inc Account Number: (Investor s Edge) Donor(s) Information: Family Name

6 Scotia itrade Account Number: Donor(s) Information: Family Name

7 TD Direct Investing Account Number: A Donor(s) Information: Family Name