National Bank Financial

Francais

Having the means to live well is important.

Making a meaningful difference is life-changing.

Whether you wish to support the arts, conserve natural resources, advance medical research or help an underprivileged child, giving back speaks volumes about who you are and the values you hold dear.

National Bank Financial has partnered with Benefaction Foundation to provide simple, a smart and tax-effective way to help make your philanthropic dreams a reality.

Giving gifts of securities

Securities that have appreciated over time are one of the most effective ways to maximize charitable giving, while minimizing tax burdens.  Not only will you receive a tax credit for the fair market value of securities on the day of donation but you will also pay no tax on the capital gains, provided the gift is a qualifying security (listed on a public exchange), bond or a mutual fund.

Direct gifts of securities through Benefaction Foundation

Use this service to make a donation of appreciated securities to your clients’ favourite charities.  The donation process is relatively simple, and clients will be given access to more than 85,000 Canadian registered charities.  Other benefits include:

Tax savings – clients that make a securities donation will receive a donation receipt and can use that to claim a tax credit at their highest marginal tax rate. Also, if they gift appreciated securities, there will be no capital gains tax payable.

Control and flexibility – clients direct the proceeds from their gift to the charities of their choice;

Simple administration – completion of a simple gift form, plus an NBF 3rd party transfer form is all that is required.  Benefaction takes care of the rest.

About Benefaction

National Bank Financial has established a partnership agreement with BenefAction, a charitable public foundation in Canada that enables our clients to make donation with securities. Using this service to make a securities donation is relatively simple, and clients have access to more than 85,000 Canadian registered charities.

Benefaction is a public foundation registered with the Charities Directorate of the Canada Revenue Agency (CRA). Benefaction is authorized to receive philanthropic donations, issue official donation receipts and make grants to registered charities and other qualified donees through the funds we administer. Charitable Registration No. 80421 3759 RR0001.

Click here for a Gift Form

Or contact Benefaction for more information at: 1-855-370-8999