How it works
As a donor, you can gift stocks, securities or mutual funds directly to NAIT – without having to sell them first. Not only are you supporting NAIT students, but it can also help you receive significant tax savings. In fact, by gifting marketable securities, you can receive more savings than you’d get from a straight gift of cash.
Gifts of stocks and securities are eligible for charitable gift receipts, just like your cash donations. These receipts can be applied during tax time and offset your taxes through credits.
Stocks and securities are eligible to receive a Canadian charitable tax receipt for their full market value, while avoiding capital gains taxes. Because you transfer the stock to NAIT, and we liquidate it, you receive full charitable benefit, without the added taxes.
Note: Tax information is for general purposes. Find out more on the CRA website, and always check with your accountant or financial planner for your specific circumstances.
Making your donation
Connect with the Department of Advancement and Alumni Relations to obtain the current stock transfer form to provide to your broker or bank to complete the gift.
Transfer of stock often takes between 2-4 weeks between the banks. All forms must be submitted by December 1 each year to ensure we will receive your gift by the end of the year.
We are here to help – if you are just curious about giving in this way, or how to maximize your philanthropic impact on students we are happy to sit down with you, in person, virtually or by phone and talk about, no obligations.
Transferring your gift of securities directly to NAIT is the best course of action to avoid unnecessary tax penalties. For Canadian donors, all donations of securities for the current tax year must be received no later than December 4 to ensure it is processed by December 31.
“It feels really good to reconnect with NAIT and be part of its vision.”
— Sean Rayner (Marketing, '01)
Donor and former cabinet member, Essential Campaign