ShareGift Australia
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ShareGift Australia
ShareGift Australia exists to provide Australian shareholders with the opportunity to sell their shares and donate the proceeds to charity, without having to pay brokerage fees. Selling and donating through ShareGift Australia ensures that the proceeds from the sale of your shares benefit the Australian community.
ShareGift Australia Limited was established on 16 June 2004 as a not-for-profit organisation. It has been granted DGR (deductible gift recipient) and ITEC (income tax exempt) status by the Australian Tax Office.
ShareGift Australia aims to facilitate the most cost, tax and community efficient option for selling and donating shares and disposing of unwanted shareholdings for community benefit.
Donating Shares
All shares held in Australian publicly listed companies may be sold and the proceeds donated for community benefit through ShareGift Australia.
Please click on the Donation Form or contact ShareGift Australia at info@sharegiftaustralia.org.au or 1300 731 632 to request a form to be sent to you.
Charities
ShareGift Australia uses the proceeds of donated shares to make donations to a wide range of Australian charities.
ShareGift Australia makes its distribution decisions on the basis of suggestions and requests by donors.
ShareGift Australia does not solicit or accept funding requests from charitable organisations.
Companies
ShareGift Australia is an easy and convenient way for shareholders to donate their shares to charities and eliminate the administration of managing small holdings. Companies also benefit, by reducing the costs of shareholder communications.
ShareGift Australia works proactively with companies in many ways, for instance by including information about their services in different kinds of shareholder communications.
Working directly with companies and their registrars is an important aspect of ShareGift Australia's work.
ShareGift Australia can also assist companies with:
1. Developing communications materials for annual reports and shareholder correspondence;
2. Incorporating the donation process into other strategic social reporting initiatives and activities;
3. Solutions for rounding balances and lost or unwanted shareholdings;
Participation in the donation process also provides companies with the opportunity to project a philanthropic presence into the community. ShareGift Australia's relationships with charitable, cultural and not-for-profit entities can assist companies in developing strategic associations that may complement existing corporate social responsibility and philanthropic activities.
ShareGift Australia can provide companies with an alternative to shareholder consolidation programs and share buyback schemes. Companies can present their shareholders with a cost-free, simple and tax-efficient solution for handling small holdings while reducing the costs associated with maintaining shareholder communications and share registries. Shareholders who convert their share holdings for the benefit of Australia's community sector can realise potential tax benefits, without paying brokerage.
Professional Advisors
ShareGift Australia can be used by professional advisors, their custodians and investment banks. ShareGift Australia can be the recipient for error accounts and other miscellaneous items. We can also assist if clients wish to make larger donations to particular charities.
We also work with solicitors, accountants and other professional advisors whose clients wish to donate small holdings, or where holdings are in probate as part of deceased estates.
Contact Us
ShareGift Australia
c/o Goldman Sachs JBWere
GPO Box 2050
Melbourne VIC 3000
Phone: 1300 731 632
Fax: (03) 9924 0873
Email: info@sharegiftaustralia.org.au
Website: www.sharegiftaustralia.org.au