How Do You Donate?
A share sale donation form is available on this website. It is simple, just complete the form and send it to ShareGift Australia at GPO Box 2050 Melbourne VIC 3001. Once your shares have been sold, you receive a letter with details of the share sale as a receipt for taxation purposes. Generally donors are able to claim a tax deduction for gifts over two dollars to ShareGift Australia.
Donors may be able to elect to spread deductions for certain gifts over a five-year period (Up to 5 years). It may be necessary to discuss the tax consequences of your share donation with your financial advisor. ShareGift Australia is the facilitator of the sale of the shares on behalf of donors and donates the proceeds to Australian charity. Donors are therefore liable for any capital gains tax arising from the sale of the shares. Should you require further information this can be found on the Australian Taxation office's website at www.ato.gov.au/non-profit. It is important to note that ShareGift Australia is unable to provide you with any tax related advice.
There is a designated section of the form where we encourage you to recommend a charity or charities you would like your donation directed towards. The board of the share gift Australia will consider your request however the charity recipient is ultimately at the board's discretion.
Up until now, the board has made an allocation to all eligible DGR charities that have been recommended by donors.
The detailed instructions regarding how to complete the donation form can be found under the 'donation form and instructions' tab.
