Donation of Securities Deadline 2020

Please find attached our transfer form to be completed for any transfer of securities. Transferring publicly traded securities to our congregations or another charity, you will experience a greater tax advantage than by donating the same amount in cash.  To learn more about the advantages of making a donation of securities, please watch our recorded webinar on the subject. 

• In-kind transfers of stocks are normally completed within 10 working days after the authorization is received at the office of Royal Bank Investor Services (RBIS). If your donation is made near the end of the calendar year, the transfer authorization form must be received by RBIS no later than December 10 to ensure that the transfer is completed by December 31 and the donation receipt can be dated in the current calendar year.

• In-kind transfers of mutual fund units may take 20 or more working days to complete. If your donation is made near the end of the calendar year, the transfer authorization form must be received by RBIS no later than November 27 to ensure that the transfer is completed by December 31 and the donation receipt can be dated in the current calendar year.