Please see below for a more detailed look at the 3 steps to donating your shares ...
1. Complete a donation form
Shareholders complete a Share Sale Donation Form which authorises ShareGift Australia to facilitate the sale of their shares. For more detailed instructions, click here. The shares must be held in actively trading ASX listed securities. Unfortunately we do not accept shareholdings valued under A$2 or those held in delisted or suspended companies. We are also unable to accept shares held in Self-Managed Super Funds (SMSF).
Shareholders are welcome to recommend their favourite charity where the donation exceeds $50.00. Donations are only made to eligible Australian charities with deductible gift recipient (DGR) item 1 status. See our Charities We Support page for examples to date. All charities have been recommended by donating shareholders.
Once completed, the signed donation form should be sent to ShareGift Australia via email at email@example.com or via post to GPO Box 4370 Melbourne VIC 3001 for validation and processing.
2. Shares are sold
ShareGift Australia facilitate to sale of the shares via one of our Supporting Brokers who don't charge brokerage, so the full sale value is donated to charity. If for any reason the shares are unable to be sold, one of our Shareholder & Corporate Services Team will contact the shareholder directly. A confirmation letter with details of the sale is issued to the registered shareholder at completion of the transaction for tax purposes. Donations over $2 are tax deductible.
3. Share sale proceeds are donated to charity
On an annual basis, the ShareGift Australia Board reviews all donors' charity recommendations and donates share sale proceeds to support a wide variety of causes such as international development, animal welfare and the environment. For more information on how this process works, visit our Funding Policy page.