Securities Donations

We are now able to directly receive investment donations in the form of publicly traded shares, ETFs, mutual funds, bonds, etc. We will issue charitable tax receipts for these contributions. 

Note: Due to processing timelines, transfers must be initiated before December 10th in order to complete the transfer before the end of the year.

What You Need to Know

Only publicly traded securities are accepted

We can only accept publicly traded shares, ETFs, mutual funds, bonds, etc.
Contact us if you have any questions on your positions you’d like to donate.

Processing Time

Processing may take up to 10 business days. As a precaution, please do not initiate a transfer after December 10th, as we cannot guarantee the process would complete before December 31st if you require a tax receipt for the current calendar year.

Tax Receipt Date

The receipt will be issued based on the recorded date that we received the shares, after the process completes, not the date that you initiated the transfer.

Tax Receipt Amount

As per CRA guidelines, if the market value of the security fluctuates between the date the donor initiates the transfer and the date TSSF receives the security, the tax receipt will be issued based on the lower of the two values: either the price on the transfer initiation date, or the price on the date of deposit.

How to Donate Securities?

1. Complete the ‘Letter of Direction’ form which will include all relevant details of The Shining Star Foundation’s receiving account information, and your donation details. After our brief review, we will send you a completed Letter of Direction that you may submit accordingly.
2. Complete any additional forms provided by your brokerage, as outlined below, or contact their customer service for further details. Submit the completed forms as per the instructions listed.
3. It’s recommended to call your brokerage shortly after uploading the files, to ensure they’ve received them and to move the process forward.

• Fill out the ‘Letter of Direction‘ form
• Download RBC’s form: Donation of Securities to a Charitable Organization (PDF)

Ways to submit the forms:

• Phone: Call the RBC Direct Investing Contact Center at 1-800-769-2560 and submit the request via Secure Email to the representative.
• Fax: Fax both the form and LOD to 1-888-722-2388.
• Post: Mail the form and letter of direction to:
  RBC Direct Investing Inc.
  Royal Bank Plaza, 200 Bay Street, North Tower
  P.O. Box 75
  Toronto, Ontario
  M5J 2Z5

• Fill out the ‘Letter of Direction‘ form
• Download TD’s form: Charitable Donation of Securities in Kind (PDF)

Ways to submit the forms:

• Phone: Call the TD Direct Investing Advice Center at 1-800-465-5463.
• Fax: Fax both the LOD and TD DI form to 877-639-4547 or 416-983-5696.
• Post: Mail the form and letter of direction to:
  TD Client Transfer Services
  77 Bloor Street West, 6th Floor
  Toronto, Ontario
  M4Y 1T2