Donate stocks! 


If you transfer stocks directly to us, you don’t have to report or pay tax on the capital gains and because we are a registered charity, we have no tax liability for the capital gains on stocks donated to us. If you give stocks to a family member or to a non-profit that doesn’t qualify for the charitable tax donation, they still must report the capital gains as if they sold the stock for fair market value. As a result, giving to the Valley Care Pregnancy Centre offers benefits that giving stocks to friends, family, or other types of organizations does not.


Provides More Money to the Centre


When you transfer stocks directly to us, it generates more money given to our mission. For example, if you were to sell stocks for $5,000 that you bought for $2,000, you would need to report $1,500 as a capital gain (CRA requires you to report 50% of capital gains) and you would pay $500 federal income tax on that amount  based on a tax rate of 33 percent. Once you subtract the tax bill of $500, you would only have $4,500 to give to the centre.

Contact us today to learn how to donate stocks to us directly. Email info@asafeplaceforme.com or Call/Text 902-670-8510.

Double Your Gift Because You Get Half Back!


The CRA offers a federal tax credit of 15 percent on the first $200 donated and a 29 percent credit on donations over that amount. In addition to that, Nova Scotia offers a provincial tax credit of 8.79 percent on the first $200 donated and a 21 percent credit on donations over that. For example, for those who are not giving for the purpose of expecting money back, if you give $1,000, you will receive $407.50 back as a tax credit. But if you truly wanted to give the $1,000 without being paid a tax credit, you can give $2,000 and receive a $947.58 tax credit.
 

This pregnancy center is a Christian charity offering many services to anyone facing unplanned pregnancy or forced abortion. Our services include free pregnancy tests, unplanned pregnancy informed decision-making tools and support as well as offering personal support in related matters such as sexual abuse recovery and sexual integrity. This center does not provide or refer for abortion or contraception. This information is intended for general educational purposes only and should not be relied upon as a substitute for professional medical advice.

We work diligently to provide the most accurate and current information. However, because new information is constantly being brought forward, if you see any errors or inaccurate or outdated information on our website, please let us know so we can make the changes needed. Thank you for helping us be the best at what we do.

 

© 2019 The Valley Care Pregnancy Centre, a registered Canadian Charity #897478269 RR0001

Privacy Policy || For information or comments about this website, please contact us at info@asafeplaceforme.com

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