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835 King Street West
Kitchener, ON N2G 1G3
Phone: 519.749.4205
Fax: 519.749.4354
www.grhf.orgGIFT OF SECURITIES
NOTE: To ensure proper receipting, send Letter of Direction and Authorization to:
Tamara
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What is donation of securities?
Donation of securities is when an individual or organization donates stocks, bonds, or other investments to a charitable organization.
Who is required to file donation of securities?
Taxpayers who donate securities valued at $500 or more are required to file donation of securities.
How to fill out donation of securities?
Donation of securities can be filled out by using IRS Form 8283 and attaching it to the tax return.
What is the purpose of donation of securities?
The purpose of donation of securities is to provide financial support to charitable organizations while also potentially receiving tax benefits for the donation.
What information must be reported on donation of securities?
Donation of securities must include details such as the name of the charity, the date of the donation, the type of securities donated, and the fair market value of the securities.
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