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Transfer of securities

Thank you for your interest in donating a gift of publicly listed securities such as stocks, bonds, or mutual funds to the Victoria Foundation.

When securities are transferred directly “as is” from your brokerage account to the Victoria Foundation, any capital gains tax is eliminated. This means more of your gift goes to the causes you care about, rather than to taxes.

Please note the Victoria Foundation cannot initiate a transfer of securities – the request must be made through your investment advisor. Additionally, the securities cannot be accepted by CIBC Wood Gundy without receipt of the donor’s directions on the following two pages.

Instructions

Gifts of Securities cover page

Download Form

To complete the transfer, please follow these instructions:

  1. Complete and deliver pages 2 and 3 of this document (Donor Direction) to your investment
    broker.
  2. Your investment advisor then sends the completed form to both CIBC Wood Gundy and
    Victoria Foundation.
  3. Once the securities have been transferred to the Foundation’s brokerage account, CIBC
    Wood Gundy advises Victoria Foundation in writing of the receipt of the securities and the
    closing market value on the day the securities were received into our account.
  4. Victoria Foundation then issues an official tax receipt to you for the value as determined by
    CIBC Wood Gundy. It is the Foundation’s policy that securities, once received by the
    Foundation, are sold and allocated pursuant to the donor direction on page 3.