Best Ways to Give

    See the Impact of Your Donation

    Estimate your giving potential with appreciated assets such as stocks, mutual funds and RRSPs/RRIFs. will walk you through the best ways to give with pretax dollars to optimize your end of the year tax savings. Follow the steps below.

  • Your Information

    1

    Please Select Your Province of Residence

    Each province has a different tax bracket.

    2

    Please Input Your Income Level Range

    No information or data is stored on the website and thus your information is completely anonymous.

    3

    Select an Appreciated Asset

    Please note that the real-estate covered in this section does not include principal residence or property outside of Canada.

    Please enter amount under $2,147,483,647
    • If your asset worth is {{marketvalue|dfcurrency:"$":0}} and you paid {{cost|dfcurrency:"$":0}} you will have a capital gain of {{capitalGains|dfcurrency:"$":0}}.

    • The tax you will owe on your capital gain is {{taxOwingOnTaxableCapitalGainsNoIncome|dfcurrency:"$":0}}.

    • By making a donation of a portion of your appreciated asset now let's see what will happen to your tax owing on your capital gain. Go to STEP 4.

    Please enter amount under $2,147,483,647
    Please enter amount under $2,147,483,647
    4

    Please Input a Donation Amount

    You can see the benefits of contributing your appreciated asset to .

    Hint Input a Donation Amount to see the tax credit you can receive.
    Show Result
  • Your Results

    Disclaimer

    The information provided on the GIFTABULATOR® NOW application is for educational purposes only. The examples of specific outcomes that are illustrated are for informational purposes only and are not recommendations. No information or data is stored on the website and thus your information is completely anonymous.

    The scenarios presented in the GIFTABULATOR® NOW application are not meant to provide legal, accounting, tax, financial or other professional services/advice. All materials are provided as is without warranty. Although every precaution has been taken in the preparation of this material, FUNDING matters® inc. assumes no liability for errors and omissions.

    Hint

    If the 'Tax After Donation' appears negative it would indicate that you have over contributed based on the tax owing on the capital gain for the asset you selected. Then you can adjust your Donation Amount by either inputting a lesser amount or clicking the plus button.

    • An asset
      donation of
      {{donation|dfcurrency:"$":0}}
    • You generate
      a tax credit of
      {{taxCredit|dfcurrency:"$":0}}
    • You will reduce
      your tax to
      {{taxOwingOnTaxableCapitalGainsNoIncome-taxCredit|dfcurrency:"$":0}}
      Your tax on this asset was {{taxOwingOnTaxableCapitalGainsNoIncome|dfcurrency:"$":0}}
    • The actual cost of
      your asset donation is
      {{totalDonationCost|dfcurrency:"$":0}}
  • To assist you in taking the next step please contact your accountant, lawyer, financial advisor, or

    Start Your Legacy Here!

    A charitable bequest is a donation outlined in your will that comes into effect after your lifetime. A charitable bequest can offer a number of personal, financial and legal benefits to you and your estate. Speak with us and your professional advisors about how you can prepare your will to support . Follow the steps below.

  • Your Information

    1

    Please Select Your Province of Residence

    Each province has a different tax bracket.

    Please enter amount under $2,147,483,647
    • If your current value of estate is {{valueOfEstate|dfcurrency:"$":0}} and you have {{assetCostBequest|dfcurrency:"$":0}} for the original cost, you will have a capital gain of {{capitalGainsBequest|dfcurrency:"$":0}}.

    • The tax you will owe on your capital gain is {{bequestTaxOwing|dfcurrency:"$":0}}.

    • Please note you can change the current value of your estate and the original cost of the estate. Your estate includes the sum of items such as your stocks, mutual funds, RRSP/RRIF, vacation property, and small business shares.

    • Be sure to speak with your professional advisor to gain a better understanding of the value and cost of your estate. Go to STEP 2.

    Please enter amount under $2,147,483,647
    Leave a specific amount to charity
    Eliminate the tax on your estate
    Leave a % of your estate to charity
    Please enter amount under $2,147,483,647
    2

    Please Input the Bequest Amount

    This is the amount you can donate to receive a tax credit.

    Hint Input a Bequest Amount to see the tax credit you can receive.
    Show Result
    • Tax Credit {{bequestTaxCredit|dfcurrency:"$":0}}
    • Tax {{bequestTaxOwing|dfcurrency:"$":0}}
    • Heirs {{bequestHeirsAmount|dfcurrency:"$":0}}
  • Your Results

    Disclaimer

    The information provided on the GIFTABULATOR® NOW application is for educational purposes only. The examples of specific outcomes that are illustrated are for informational purposes only and are not recommendations. No information or data is stored on the website and thus your information is completely anonymous.

    The scenarios presented in the GIFTABULATOR® NOW application are not meant to provide legal, accounting, tax, financial or other professional services/advice. All materials are provided as is without warranty. Although every precaution has been taken in the preparation of this material, FUNDING matters® inc. assumes no liability for errors and omissions.

    Hint

    If the 'Tax with Charitable Bequest' appears negative it would indicate that you have over contributed based on the tax owing on the capital gain for the asset you selected. Then you can adjust your Bequest Amount by either inputting a lesser amount or clicking the plus button.

    • By making a
      charitable bequest
      {{bequestAmount|dfcurrency:"$":0}}
    • You will generate
      a tax credit of
      {{bequestTaxCredit|dfcurrency:"$":0}}
    • You will reduce
      your tax to
      {{(bequestTaxOwing-bequestTaxCredit)|dfcurrency:"$":0}}
    • You will leave
      for your heirs
      {{bequestHeirsAmount|dfcurrency:"$":0}}
  • To assist you in taking the next step please contact your accountant, lawyer, financial advisor, or