Celebrate Stock Monday: A New Tax-Smart Giving Day
You've heard of Black Friday and Giving Tuesday, but how about Stock Monday? Taking place on Monday, November 29th, the day before Giving Tuesday, Stock Monday is a new, smart way you can make a big difference while making the most of your year-end donations.
Not only do gifts of stock streamline the giving process, but when you donate stock directly to Grand River Hospital Foundation, you can both save money and give more at no additional cost — it eliminates the capital gains tax you’d have to pay if you sold the stock and then donated the proceeds. Plus, the full value of your stock will go directly to supporting world class health care at Grand River Hospital. You will also receive a charitable tax receipt that reflects the full value of your donation. It's a win-win all around!
Get involved in Stock Monday, and have a big impact on the causes you love! Simply visit giftsofstock.ca, and download the donation form to initiate the transfer of stocks. Your gift will support exceptional health care in Waterloo region and ensure care never stops at Grand River Hospital.
Please remember to give by December 31, 2021 for your gift to be eligible for your 2021 tax return.