The Children’s has been a part of our family for many years. When I was a kid, I had my tonsils removed at the Children’s and my two sons, now 15 and 13, have depended on the hospital for care over the years – thankfully never for anything that turned out to be too serious! However, we have had a few scares and, every time we’ve turned to the Children’s, we’ve received nothing but extremely great care.
It occurred to us, on a recent trip to the ER, that the quality of care we benefit from is in part, largely due to donors who have selflessly contributed to making the hospital so great. We decided that it was our turn to “carry the torch”, so to speak, and make a gift that would help other families, like ours, who will depend on the Children’s in the near and not so near future.
As a portfolio manager for the Canadian Medical Association, I pride myself in knowing sound financial strategies. When the Government announced the tax benefits associated with making a gift of shares, we analyzed it carefully and concluded this would be our optimal way to support the hospital. The benefits were twofold: Firstly, the donation could be made right away (which was important to us). Secondly, on the personal side, capital gains are exempt from taxes so we wouldn’t have to pay the taxes on the gains we’d made.
We directed our gift of over $15,000 to the
Healthy Kids Fund, a fund that allows the hospital the freedom to use the money where it is needed the most. We’ve always had absolute trust in the Children’s and we are thrilled to know this gift will allow patients to enjoy the same level of care that has comforted us over the years.
The Children’s has been a part of our family for many years. When I was a kid, I had my tonsils removed at the Children’s and my two sons, now 15 and 13, have depended on the hospital for care over the years – thankfully never for anything that turned out to be too serious! However, we have had a few scares and, every time we’ve turned to the Children’s, we’ve received nothing but extremely great care.
It occurred to us, on a recent trip to the ER, that the quality of care we benefit from is in part, largely due to donors who have selflessly contributed to making the hospital so great. We decided that it was our turn to “carry the torch”, so to speak, and make a gift that would help other families, like ours, who will depend on the Children’s in the near and not so near future.
As a portfolio manager for the Canadian Medical Association, I pride myself in knowing sound financial strategies. When the Government announced the tax benefits associated with making a gift of shares, we analyzed it carefully and concluded this would be our optimal way to support the hospital. The benefits were twofold: Firstly, the donation could be made right away (which was important to us). Secondly, on the personal side, capital gains are exempt from taxes so we wouldn’t have to pay the taxes on the gains we’d made.
We directed our gift of over $15,000 to the Healthy Kids Fund, a fund that allows the hospital the freedom to use the money where it is needed the most. We’ve always had absolute trust in the Children’s and we are thrilled to know this gift will allow patients to enjoy the same level of care that has comforted us over the years.