Important information for fundraisers
All of our donations are based upon suggestions from our donors and the companies who work with us. For this reason, we do not accept applications for funding.
The most effective way for a charity to benefit from a ShareGift grant is to raise awareness of ShareGift by encouraging their supporters to donate their unwanted shares to us. We also regularly help charities with larger share donations. All of our donations are made as unrestricted funding. We are happy to talk to charities about the best way to promote ShareGift to their supporters and can provide template wording for websites and printed materials upon request. Please contact ShareGift for further information.
ShareGift works differently to most grant making organisations, so we ask you read our comprehensive FAQ for charities before contacting us.
Can a charity apply to receive funding from ShareGift?
Please note, we do not accept applications for funding, with no exceptions. The best way to benefit from a ShareGift donation is to promote ShareGift to your supporters.
Why have you asked us for our bank details?
We ordinarily make donations by cheque, however we are moving to making BACS payments at this time in order to more efficiently channel urgently needed funds to the charities we support – conscious as we are of the fact that many charities will struggle to pay in cheques during the coronavirus pandemic.
If we request details it means that we are considering your charity for a future charitable distribution. Please email us a scanned copy of your bank details on Company letterhead/a copy of a bank statement or similar, and copy in your accounts team. Do not submit bank details to us unless we have specifically requested them from you.
We will reference any donation we make “SHAREGIFT”. Please let us have any additional reference you wish us to include in order for you to identify the payment.
We will write to you confirming any donation when it is made. A request for your bank details does not consititute a guarantee of a forthcoming donation.
Why do people donate shares to charity?
People donate small holdings of shares to get rid of a nuisance. Small shareholdings are often worth less than it would cost to sell, yet companies are obliged to provide annual reports and other documentation to all shareholders. Donating shares can also be a very tax efficient way to give, depending on the donor’s circumstances.
Why should our donors give small shareholdings to ShareGift?
ShareGift specialises in accepting small shareholdings that are often worth less than they would cost to sell. When such a small shareholding is donated to most charities, the charity will not be able to sell the shares because of the commission, and in effect will have inherited a nuisance. By directing the donor to ShareGift, the problem can be solved efficiently with a charitable outcome.
How does ShareGift choose which charities receive donations?
We ask all our donors for charity suggestions, regardless of the value of the shares donated, and it is this information which drives our charitable donations. Our aim has always been to support every charity which is suggested to us.
ShareGift is cause-neutral; we don’t try to weigh the relative value of the charities which are suggested to us. Our grants are based on the value of the shares donated to us and the number of suggestions we receive for any particular charity. We also support charities suggested to us by companies that support and promote our work.
Can ShareGift handle large donations of shares for charities?
Absolutely. Often charities aren’t set up to handle donations of shares so in these circumstances ShareGift can help. Sometimes donors wish to remain anonymous, so donate large shareholdings to ShareGift nominating a cause charity to benefit. For more information about large donations, please see here
What information does ShareGift give to charities about the underlying donors?
Due to privacy requirements, we will not pass on any information about our donors to third parties. However, a donor may choose to let you know that they have given shares to ShareGift, and suggested you, if they wish.
Can donors specify that the exact proceeds of their shares are for a particular charity?
We make donations in round figures based on the value we realise for shares. We do not sell shares and pass on the exact proceeds to beneficiary charities, nor do we take a commission from the value of the shares - instead we make appropriate sized donations. As the majority of donations we receive come to us without a charity suggestion, we are normally in a position to round up the amount we donate to the suggested charities, but we cannot guarantee this.
My charity is not promoting share giving – can you help us get started?
Yes. We often help charities in this way because we aim to promote share giving as widely as possible. Please do contact us, and we can help by providing some template wording to introduce share giving and ShareGift to your supporters.
I want to get template wording from ShareGift, what do I do?
Contact us for more information. You should let us know:
- Whether your charity can accept share donations
- If so, are there any shares you don’t accept (for example some charities don’t accept shares in tobacco companies for ethical reasons, or foreign registered shares for practical reasons)
- If you do accept shares, at what value would you be directing your donors to ShareGift