Tax-smart giving

If you own stocks, bonds or mutual funds that have increased in value, one of the most tax-effective ways of supporting Fragile X research is by donating these investments directly to the Foundation.

The reason? When you donate publicly traded securities to the Foundation, there are no capital gains taxes payable. Not only do you not pay this tax, you also receive a donation receipt for the full value of the securities on the day they were transferred to the Foundation. 

This means that you will likely receive a far greater net tax benefit by donating the publicly traded securities directly to the Foundation instead of selling the securities and donating the proceeds.

When a Canadian private corporation makes the donation, cash equal to 100% of the gain (even though not taxed) can be distributed to you by the corporation as a tax free dividend.