APA Dance Party: Friday March 1, 2019
For questions, or to make a pledge, please e-mail Jennifer Wilkie or call (902) 423-7920 ext. 224. Our address is Armbrae Academy, 1400 Oxford Street, Halifax, Nova Scotia, Canada B3H 3Y8.An Improved Giving Opportunity
In the Spring of 2006, the Canadian Government announced a budget which provides an exciting tax-saving opportunity for donors. Effective May 2006, there is no longer any capital gains tax on gifts of publicly-traded shares, bonds, mutual fund units and employee stock options donated to registered charities.
Gifts of publicly-traded securities are a way of supporting Armbrae and we are pleased that you will now receive even greater tax benefits for your generous support.
To illustrate: You purchased shares at a price of $10,000 and the fair market value of the stock has risen to $15,000. When you donate the stock to Armbrae, the school will issue you a tax receipt in the amount of $15,000. You will no longer be required to pay tax on the $5,000 gain. Previously, 25% of the gain would have been taxable.
We hope this exciting news will encourage you to consider making a gift of securities to help provide unique educational opportunities for the students of Armbrae. Such a gift could be part of your annual giving contribution, support for a capital project, or perhaps a family endowed fund.
Please consult your tax advisor or call the Development Office if you are considering this vehicle to support the school.
Better Understanding Your Teen's Brain
Tuesday, February 19, at 7pm.
Dr. Alexa Bagnell
Multipurpose Room, Halifax Grammar School; open to the public; please bring a friend.