Donations of Capital Property:

You can make a donation that is other than cash. If you make a donation of securities or other capital property you will receive a charitable tax receipt based on the eligible amount of the donation. Further, you may be able to calculate any taxable capital gain on the transfer of the property using only a 25% inclusion rate and still receive a charitable donation tax receipt for 100% of the market value on the day the transfer is made. This will apply if you are donating:

• a share, debt obligation, or right listed on a prescribed stock exchange;
• a share of the capital stock of a mutual fund corporation;
• a unit of a mutual fund trust;
• an interest in a related segregated fund trust; and
• a prescribed debt obligation.

Donations of Life Insurance Policies:

You can make a donation of an existing life insurance policy. The ownership of the policy will transfer to JCFC and you will receive a charitable donation tax receipt for the cash surrender value of the policy.

Detailed information on these types of donations can be obtained by contacting Morris Bleviss or Milton Bogoch, Executive Director, Jewish Community Foundation of Calgary at (403) 640-2273.