Gifts of Securities

If you are considering how to give to McNally House Hospice and if you own securities that have appreciated significantly in value, you can derive additional benefit by donating them directly to a charity rather than donating cash!

To encourage charitable giving, the federal government has eliminated tax on capital gains if you donate the shares to a non-profit. This tax break can substantially reduce the cost of your charitable donation and might enable you to give more than originally planned.

To transfer securities directly to McNally House Hospice, please contact our Executive Director at 905-309-4013 x22 and we’ll give you guidance on how to do so efficiently. This request applies whether you hold actual certificates or have shares with an Investment Dealer.

You are strongly encouraged to consult your personal legal and financial advisors before making any planned gift to McNally House Hospice.