Sell securities	Donate securities
Fair market value of securities	$10,000	$10,000
Original cost of securities	$2,000	$2,000
Capital Gain	$8,000	$8,000
Taxable portion of gain (50%)	$4,000	$0
Tax Credit on donation (48.2%)	$4,820	$4,820
Tax on Capital Gain (48.2%)	$1,920	$0
Net Tax savings	$2,900	$4,820
Net cost of donation	$7,100	$5,180

* We have used the highest tax bracket of 48.2% for our calculation for Quebec residents.
If this type of gift is of interest to you, please contact Peggy Killeen at the Foundation at 514-843-1543.