ShareGift is a registered charity that provides a charitable solution to the business problem of small shareholdings. Often unwanted because they are too small to sell, these shares can be transferred to ShareGift at no cost to the shareholder, aggregated and sold to benefit different registered charities. The result is a significant funding stream for the charitable sector, along with substantial savings for companies in administrative costs. Since the charity was set up in 1996, over £40m has been donated to more than 3,300 charities.
ShareGift works closely with shareholders, listed companies, share registrars, share plan administrators, solicitors, stockbrokers, financial advisers and charities to create this pool of charitable funds. Click here for more information about how it works.
ShareGift has a strategic model with three pillars, the first of which is to raise awareness of and increase engagement with share and asset donation as powerful and tax-efficient sources of income for charities and as problem solvers for corporates, individuals and institutions; the second is to enhance and expand ShareGift’s capability and capacity to harness new and emerging asset classes and developments for charitable purposes; and thirdly, to ensure that ShareGift remains the go-to source of expert information and know-how on share and asset donation across the corporate, philanthropic and charitable sectors and beyond. ShareGift’s three strategic pillars (or priorities) are underpinned by robust operational and governance foundations.