You might decide to become monthly donors to each of your favourite charities. Monthly giving is one of the most efficient ways to give; it enables cost savings and efficiencies, as you receive one consolidated annual tax receipt.

There are several tax efficient ways to give to your favourite charity and help improve the community and world we live in.

Did you know Mulgrave is a registered Canadian Charity? Our charitable business number is 896671658RR0001, which means charitable tax receipts can be issued for eligible donations.

Donating publicly traded securities or shares (gifts of stocks) is one popular way Canadians can give to charities. For example, if you have owned shares in a company for a few years and the value of those shares has increased since when you first bought them, when you want to sell, you must pay capital gains tax. However, if instead of selling the securities, you choose to donate them to a registered charity, you pay no capital gains tax, and you will also receive a charitable tax receipt for the value of the shares.

Click this link to a simple form to donate securities to Mulgrave.

Donating flow through shares is a little-known but very tax-effective way of supporting charities involving shares issued by Canadian mining companies. The Advancement team is happy to arrange for a panel of tax experts to speak to Mulgrave parents about different tax efficient ways to donate. If you are interested in learning more about flow-through shares and giving to charities please contact Karen in the advancement office kteufel@mulgrave.com and let her know if a morning, afternoon or evening coffee & learning session would be preferable.

Tuition fees cover basic operating costs but philanthropic support is vital for Mulgrave to have specialized programs and spaces to help students grow and thrive.

Thank you for thinking of Mulgrave's future as you consider giving during this season of generosity!