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GIFTS OF SECURITIES, STOCKS AND BONDS

A gift of publicly traded securities to Sault College is an excellent way to support excellence in teaching and learning, and benefit from very favourable tax credits. When you donate stocks, bonds, futures and options, as well as shares in mutual funds to Sault College you do not have to pay tax on the capital gain (the increase in value, since you acquired the securities). The combined benefit of not paying tax on the capital gain and the charitable tax receipt you receive provides excellent tax benefits.

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