By directly donating your publicly listed securities to the Central Okanagan Food Bank (COFB), capital gains tax does not apply, allowing you to give more.
Donating securities directly to us is one of the most tax-smart ways to give!
STEPS TO DONATE
Step 1: Download our Securities Form to be completed by yourself or the sending financial institution.
Step 2: You fill out the yellow highlighted areas (Grantor/Donor), we fill out the green portion (Grantee/COFB)
Step 3: Email back executed (signed) form to firstname.lastname@example.org.
The Central Okanagan Foodbank holds an account with Qtrade Advisor, a division of Credential Qtrade Securities Inc.
Please allow 10 full business days for the successful transfer of securities. An official tax receipt is issued for the date the security is received by Credential Securities on behalf of COFB.