Gifts in Kind
Support AAIA: Opportunities to Make a Difference
Gifts in Kind
Instead of donating cash to Allergy/Asthma Information Association, you may choose to make a gift of tangible property. Donations other than cash are referred to as "gifts in kind." These gifts may include items such as:
- Real estate
It's important to remember that whenever a gift in kind is made, you are deemed to have disposed of the property at its fair market value on that date. A gift of services is not eligible for a charitable tax receipt.
Please contact the AAIA national office if you intend to make a gift-in-kind. Our gift acceptance policies prohibit us from accepting certain types of property. We want to ensure that your gift is put to the best possible use.
Gifts of Securities
A donation of securities is also considered a gift in kind. However, favourable tax treatment applies to gifts of publicly traded securities and mutual funds that may make it more attractive for you to donate these investments directly to AAIA rather than liquidating the investments and donating the cash equivalent. By transferring the shares directly to AAIA, you may reduce your taxable capital gain in addition to receiving a tax receipt for the fair market value (FMV) of the donated investment at the date of transfer.
The information above is general in nature and not intended as a substitute for independent financial and legal advice. We recommend you seek the advice of qualified professional advisors that are familiar with your personal and financial goals and objectives.
Rules and regulations regarding eligible Gifts in Kind and Gifts of Securities can be found online at the Canada Revenue Agency Web site: www.cra-arc.gc.ca
Download Request for Information Form
To speak with us about making a gift in kind or a gift of securities, please call our national office at 1-800-611-7011 and ask to speak with our Planned Giving Consultant.