Frequently Asked Questions

1. What is 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 100% of the market  value of your shares is used to 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.

2. Can I donate shares to ShareGift Australia through my normal broker? 
Goldman Sachs JBWere was the first broker to sell shares with no fee for ShareGift Australia. From June 2008. Macquarie Private Wealth has also offered this service. Of course, you don't have to be a client of one of these brokers to make a ShareGift donation. Simply indicate on the Donation Form the name of the broker sponsoring your shares and ShareGift will be able to do the rest. (That is we will contact your broker and ask them to request Issuer Sponsorship for the parcel of shares. Once you receive an Issuer Sponsored statement from the Share Registry, you will be instructed to return this statement to ShareGift so that we can place an order to sell your shares). 

3. What shares can I donate? 
You can donate all shares held in Australian securities.

4. Is there a minimum amount of shares that I must donate? 
You can donate any amount of shares to ShareGift Australia. 

5. Can I choose which charities receive my donation?
If you wish, you can advise ShareGift Australia when you fill out the share donation form the name of the charity or charities you would like your share proceeds to benefit.  You can nominate any charity that has Deductible Gift Recipient status. ShareGift Australia will consider your advice when distributing the proceeds of the share sales and will endeavour to meet your request. To date, all charities nominated by donors have received an allocation. The allocation process is outlined in more detail in the "Granting Policy" on this site.

Please note that we can only make distributions to organisations with DGR (deductible gift recipient) status. You can determine if an organisation has DGR status by looking it up at www.business.gov.au