Gifts for Today
Make a donation of cash, stocks, bonds, mutual funds, real estate to Canada's University. You will receive charitable tax credits and we'll put your gift to work right now.
Cash
An outright gift of cash allows the University to use your gift immediately. You receive a tax-creditable receipt for the full amount of your gift that will result in immediate tax savings, reducing the cost of your gift by as much as 40% to 50%.*
*Reduction depends on your current tax rate and where you live in Canada.
Stock and securities
Gift of Publicly-Traded Securities and Mutual Funds to the University of Ottawa
Current legislation in Canada has eliminated capital gains tax on gifts of publicly-traded securities, mutual funds and bonds to registered charities. When making this type of gift, you must transfer securities to the University. The donation will not qualify for the capital gain exemption if the shares are sold first and the proceeds (cash) then given to the University.
Advantages of gifts of securities:
- The donor makes an irrevocable gift and benefits from excellent tax incentives;
- The tax receipt reflect the value of the shares on the day of transfer to the University of Ottawa;
- If a donor’s charitable credits exceed the standard 75% of net income, the donor may carry the excess tax credit forward for up to five years;
- Donors can support University priorities that match donor interests, such as student aid, programs, research or academic chairs, and building projects.
Example:
| Sell Shares & Donate Cash |
Donate Shares | |
|---|---|---|
| Note: This illustration is for information purposes only. Please consult your financial and/or legal advisor to plan your own tax-smart gift that best meets your personal situation. | ||
| Current value shares | $10,000 | $10,000 |
| Initial cost of shares | $4,000 | $4,000 |
| Capital Gain ($10,000 less $4,000) | $6,000 | $6,000 |
| Taxable portion of capital gain | $3,000 (50%) | $0 (0%) |
| Tax owned on capital gain (presumed marginal rate of 48%) | $1,440 | $0 |
| Tax credit for value of gift (48.2%) | $4,820 | $4,820 |
| Net tax savings (tax credit less tax owing in capital gain) | $3,380 | $4,820 |
| True cost of gift | $ 6,620 | $5,180 |
| Net tax savings by donating shares vs cash | (0) | $1,440 |
Gifts of securities are a fast and easy way to make a donation to the University of Ottawa.
To send us a gift, please complete our Donation Form (PDF) and mail it or fax it to:
190 Laurier Avenue East, Ottawa, ON K1N 6N5
Fax: 613 562-5127
Or, for more information, contact: Maurice Prevost at 613 562-5800, (8758) or at Maurice.Prevost@uOttawa.ca
Gifts In-Kind including Property
Acquisition of Works of Art and Donations in KindDonations of Library Materials Policy
Any property that can be valued may be a potential gift in support of University of Ottawa initiatives. Also known as gifts-in-kind, such gifts may include:
- personal property such as books is accepted at the discretion of the Library
- real property such as a house, a piece of land (real estate), or a cottage
- cultural property such as a painting or a sculpture
Works of art, musical instruments, or scientific equipment are just a few of the items that help us provide students with a great education. Gifts-in-kind are accepted at the discretion of the University of Ottawa based upon the suitability of the gift. If accepted, you will receive a tax-creditable receipt for the fair market value of the gift, determined through an appraisal process.
Considering a donation of property? Contact the Office of Planned Giving.
Disclaimer
The information provided on this Web site is general in nature and is not intended to constitute legal advice. Since each individual’s financial circumstances are unique, you are advised to consult with a qualified professional advisor.