Gift Securities Directly to TFS | Sell Securities and Donate Proceeds to TFS | ||
A | Fair Market Value | $50,000 | $50,000 |
B | Cost Base | $25,000 | $25,000 |
C | Capital Gain | $25,000 | $25,000 |
D | Taxable Capital Gain (50%) | $0 | $12,500 |
E | Tax Credit on Donation (46%) | $23,000 | $23,000 |
F | Tax on Capital Gain (at 46%) | $0 | $5,750 |
G | Net Tax Savings (E-F) | $23,000 | $17,250 |