GIVING
FOR THE GOOD
Teji & Nimmi Kanwal, in their Halifax-area home, enjoy spreading their generosity to education and health care, including to the QEII Foundation.
GIVING
Teji & Nimmi Kanwal, in their Halifax-area home, enjoy spreading their generosity to education and health care, including to the QEII Foundation.
GIVING
Teji & Nimmi Kanwal, in their Halifax-area home, enjoy spreading their generosity to education and health care, including to the QEII Foundation.
Giving support to the greater good is engrained into the fabric of Teji and Nimmi Kanwal.
Both former teachers, the Kanwals moved from India to Canada over 50 years ago. Teji and Nimmi have been giving gifts to the QEII Foundation for twelve years, using gifts of securities to make their donation.
Nimmi strongly believes the desire to give back and care for humanity comes from your upbringing, noting how it is quite satisfying to be able to do something for the betterment of humanity, especially for hospitals and health care, which are so important.
When donors transfer stocks or securities directly to a charity — like the QEII Foundation — rather than selling them and donating the proceeds, they may eliminate any capital gains tax otherwise owed. Donors also receive a charitable tax receipt for the full market value of the securities.
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I’ve learned the more you give, the better you feel — it makes you want to continue giving. The savings on capital gains are wonderful, but we would give back anyway. Giving through securities allows us to give more.
— Teji Kanwal, QEII Foundation donor
$430,000 TO SUPPORT THE ACQUISITION OF THIS FIRST-IN-ATLANTIC CANADA TECHNO...