Important Information for BCE Inc. Shareholders
Do You Own BCE Inc. Stock?
Did you know that Bell Canada Enterprises (BCE) will cease to be a publicly traded company at the end of June 2008? BCE shareholders will not have the option to keep their shares and will be subject to a forced sale.
Click here to read a 'Financial Post' article on the BCE takeover and its implications.
Save By Donating Securities
Due to recent changes in Canada Revenue Agency Guidelines, you can create a huge tax savings opportunity by donating your BCE Inc. shares, or any other securities, to a registered charity. With a donation of stock to the Children’s Aid Foundation you can avoid paying capital gains tax, get a charitable tax receipt for the full value of your shares and help to break the generational cycle of abuse and neglect that currently affects thousands of Canadian children and youth. It’s a ‘win-win’ situation for everyone involved!
Click here for an example that illustrates the tax savings involved with a charitable donation of securities.
When to Donate
Now! Once the BCE Inc. sale takes place, its shares will be de-listed and will no longer qualify for the capital gains exemption. So don’t wait – give the gift of a better future and donate your shares of BCE Inc. to the Children’s Aid Foundation today. One hundred percent (100%) of all donations will go to programming for children and youth in need.
How to Donate
To donate your BCE Inc. shares, or any other securities, simply click on our Securities Donation Form and begin to change the lives of abused, neglected and high-risk children and youth in our communities. You CAN make a difference!
With each gift of stock, you will receive:
-
a tax receipt for the full value of your shares
-
a general information package about the work of the Children's Aid Foundation
-
an annual update on the life of a child or youth whose life has been affected by your generosity
-
an invitation to our annual Recognition Evening, where we pay tribute to our key donors and the children and youth who have overcome insurmountable odds (Note: this is limited to gifts of stock valued at $5,000 or more.)
For more information on donating securities, or other forms of individual giving, please contact Jane Durno at jdurno@cafdn.org or 416-923-0924 x232