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Types of donations
- A Single Donation
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The following are ways in which you can give to the Montreal Heart Institute Foundation. Click here to find out more and if you have questions. Please contact us if you have questions.
For individuals:
For corporations:
- Monthly Donations
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By donating through the MHI Foundation's preauthorized monthly bank or credit card debit program, you help the Foundation to better plan its contributions to Montreal Heart Institute, which in turn can deliver additional services and save more lives.
- You can cancel the pre-authorized debits at any time by notifying us in writing or by phone.
- A tax receipt is issued at the beginning of each year for the total amount donated the previous year.
- You can donate by credit card by completing our secure online form. You may also want to donate by phone or mail/fax the online form you have downloaded off our website.
- You can donate through bank debits by printing and completing the donation form and forwarding it by mail or fax to the Foundation with a cancelled cheque.
- You may also want to bring the form in person. It will be a pleasure to welcome you if you are vising the Montreal Heart Institute.
For more information, please contact Kellie Ann MacDonald.
- Donating Publicly Traded Securities: Excellent News for Donors
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The gifting of publicly traded securities enables a donor to not only support a worthy cause, but to increase his or her donation while saving on capital gains tax. Indeed, since May 2nd, 2006 the taxable capital gain for donated securities to a charitable organization such as the Montreal Heart Institute Foundation is reduced to zero.
What types of securities can be donated?
The securities have to be publicly traded on a prescribed stock exchange to be valid. They can include stocks, rights, mutual funds, interests in related segregated funds, or bonds.
Donate the Proceeds of the Sale or the Securities Themselves?
It is actually more advantageous to transfer securities directly to a charitable organization than to sell them and donate the proceeds. As shown in the following example, donation of securities evaluated at $10,000 directly to the Montreal Heart Institute Foundation will yield a better return on donation, not only for the donor, but for the Foundation.
| Donation or sale of $10,000 in securities |
Donation |
Sale of Shares |
| Proceed |
$10,000 |
$10,000 |
| Original cost of the shares |
$4,000 |
$4,000 |
| Capital gain |
$6,000 |
$6,000 |
| Taxable capital gain |
$3,000 |
$3,000 |
| Special capital gain exemption |
-$3,000 |
$0 |
| Net income |
$0 |
$3,000 |
| Taxes payable (48%) |
$0 |
$1,440 |
| Tax receipt |
$10,000 |
$10,000 |
| Tax savings (48%) |
$4,800 |
$3,360 |
| Actual cost of donation |
$5,200 |
$6,640 |
For more information, please contact Johanne McDonald.
Make a donation of shared securities.
- In Memoriam Donation
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Remember a loved one, a friend or a colleague by making a donation in their memory. If you wish, we can send a card to inform the family of your gift upon receipt of your donation.
To make an In Memoriam donation with a credit card, we invite you to complete our secure online donation form(lien vers formulaire en ligne+) , to phone us or to download and print our In Memoriam donation form, which you can mail, fax or bring to us in person.
If you want to invite your family and friends to make a donation in memory of a loved one, you may want to include the following message in the obituary:
"In lieu of flowers, the family would prefer that a donation be made to the Montreal Heart Institute Foundation, 5000 Bélanger Street, Montréal, Québec H1T 1C8; by phone: 514.593.2525 or toll free at 1.877.518.2525; online: mhifoundation.org."
For more information, please contact Anne-Marie Bessette.
- Honour Fund
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You wish to make a meaningful gift to a worthy cause by creating a fund to which you, your family and friends can contribute when celebrating a wedding, the birth of a child, the anniversary or memory of a loved-one or just because it feels right? You are looking for a way for your business to honour the founder of the company or a colleague? The Montreal Heart Institute Foundation’s new Honour Fund is most likely for you.
Whether the fund is in your name, the name of a loved one, your family or your business, you will be leaving your philanthropic footprint while contributing to the MHI’s care, research, prevention and training programs.
The MHIF Honour Fund at a glance…
- A total gift of $10,000 or more in the first year, in a single or cumulative donations
- The name of your choice for the Fund
- Your contributions transferred to the MHI annually
- An official receipt for each donation to the Fund
- A mention on the Foundation’s new Honour Fund wall
Your gesture will have an impact on the lives of thousands of patients, as did Réjean Royer’s gift to honour his wife Joëlle.
For more information:
Johanne McDonald
Director, Development and Communications
Tel.: 514.376.3330 ext. 2205
Email: johanne.mcdonald@icm-mhi.org
- Paying Tribute to a Loved One or Colleague
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For those who wish to donate less than $10,000 or to contribute from time to time without creating an Honour Fund, you can still pay tribute to a loved one, a friend or a colleague for a wedding, a promotion, an anniversary, a baptism, a bar/bat Mitzvah, Christmas, Mother or Father’s Day, or simply for the joy of it. Please contact us and we will be happy to discuss it with you.
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