Publicly Traded Shares - How to Proceed
SPORT4ONTARIO & NSTF-Ontario has set-up an account through SaskSport for sales of securities/shares (as explained below)

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Service One

We need to get a gift in kind donor form from the donor so that we have the info to issue the receipt.
This information can be collected through the transfer form.
​The donor has to fill out a transfer form and send it to their broker to transfer the securities into our account.(SaskSport). 
 

When the securities are received in the (Sask Sport) account they will be sold and SaskSport will send NSTF-Ontario the proceeds less the brokerage commission. They will also send NSTF-Ontario a breakdown of how to account for the transaction and how much to write the receipt for. *Please note that the receipt is written for the market value on the day the security is received in our account(SaskSport). Sometimes there is a change in value before the sale transaction is processed so proceeds are not necessarily the same as the donation amount. 

​Normally it only takes a couple of business days, but depending on the donors investment broker, it may take a bit longer.

Detail One

Donating Publicly Traded Shares
Checklist

Detail Two

1. Deliver this form to your Investment Advisor, with instructions to initiate the transfer.
2. Email a copy of this form to Christopher Lowcock as per the form
3. Email or fax a copy of this form to Good Stefan Wealth Management of RBC Dominion Securities to Carrisa Robins as per the form or fax to 306-757-2606
4. Once transfer is finalized, a charitable donation tax receipt will be issued

Detail Three