Donating publicly traded securities to the Institute for Advancements in Mental Health (IAM) is a way to make an investment in supporting innovative and practical solutions for people living with mental illness and their caregivers. You can also receive double the tax benefits while helping drive change for better mental health.
Under current CRA rules, when you give stocks, bonds, futures and options or shares in mutual funds, you pay no tax on the capital gain
and save on out-of-pocket expenses. You will also be eligible for a charitable tax receipt for your donation. Follow these three simple steps to donate your publicly traded securities and help IAM find solutions to unmet mental health challenges:
Ryan A. McNerney, CIM®️
- Download and complete all sections of the Letter of Authorization. You can also send this form to your broker to be completed if you are unsure about your brokerage DTC# & CUID#. Once the form is completed, IAM will need to sign the form.
- Send the completed form to your broker or investment advisor, who will initiate the transfer to IAM’s broker (Credential Securities c/o Connor, Clark & Lunn Private Capital Ltd.). Below is the information your broker or investment advisor will require.
Vice President & Portfolio Manager
Connor, Clark & Lunn Private Capital Ltd.
Email: [email protected]
: [email protected]group.com
For privacy reasons, securities are transferred anonymously from the broker therefore, it is important to notify IAM to ensure that your gift is properly acknowledged and to receive your tax receipt for income tax purposes.
- Send or email a copy of this form to:
Attn: Donna Thompson
Institute for Advancements in Mental Health
300-95 King St. E.
Toronto, ON M5C 1G4
: [email protected]
Please be advised that the value of the donation receipt will be based on the closing price of the shares on the day the securities are received by IAM’s custodian, Credential Qtrade Securities Inc.
Registered Charitable #: 12990 4058 RR0001