Raise money for the charity through ShareGift
What is the ShareGift Foundation?
ShareGift uniquely specialises in releasing value from small shareholdings and cash amounts. Think of a dormant asset such as a bank account that a customer has not used for many years.
People often have small value holdings of shares and other investments for many different reasons. Such small amounts of shares are often difficult or even impossible to dispose of because of the costs involved, but ShareGift provides a solution.
Even if you have just one or two shares, ShareGift can help you deal with this administrative problem and in a charitable way. It exists to realise as much value as possible from unwanted shares by grouping them, selling them, and using the proceeds to make donations to a wide range of charities based on the suggestions of donors and supporters.
How does it work?
When someone donates shares to ShareGift, they arrange to transfer them into the name of the ShareGift Foundation and place them within a portfolio of shares.
Shares are then collected within this portfolio until ShareGift has enough of any one share type to sell collectively. In the meantime, shareholdings may attract additional dividends or capital which helps create a larger pool of funds for nominated charities.
By offering a secure platform, ShareGift can generate a multi-million-pound stream of funding for thousands of charities.
Why donate to us through ShareGift?
Many charities cannot accept share donations as they do not have the specific expertise to deal with them and are likely to spend a large proportion of the share value on seeing the proceeds from any sale. Often the amount of work and the costs involved for an individual or any benefiting charities when shares are sold, may be off-putting and labor-intensive, resulting in shares often lying dormant.
ShareGift can accept these unwanted shares that charities or brokers cant assist with. Its a secure and well-regarded platform that offers a solution to individuals and organisations who have unwanted shares or assets wanting to be sold. ShareGift can benefit from its free links to stockbroking and custodial services, thanks to the generous support of key partners so it can maximise donations for charities like us from selling shares and effectively combining shareholdings.
How could you use ShareGift to benefit the Lord’s Taverners?
If you are considering splitting a small or large value share donation between several different charities or would want the proceeds to go exclusively to our work, transferring them over to ShareGift and nominating us as your chosen charity would be a cost-effective way of the Taverners receiving a sizeable donation.
ShareGift has a dedicated team that takes you through the process of selling your shares and can easily accept and act upon several charity suggestions or nominations. For what is likely to be a swift process with ShareGift in transferring shares and nominating us, we could receive potentially thousands from the proceeds of a sale.
ShareGift does not fundraise, is very discrete in its operations and will only contact you in respect of any share donations you wish to make. They do not send unsolicited mailings, pass on your details to beneficiary charities or any other third parties; so, your donation can effectively be anonymous. They just process your share sale.
If you nominate us and have shares you would like to sell, we are then likely to be eligible for distributions of charitable grants from ShareGift’s pot. ShareGift’s policy is to sell donated shares as soon as they can. They do not take an investment.
Depending on what is raised per quarter by ShareGift and the number of nominations, charities can expect to see between £1,000 - £10,000 in donations per quarter.
If you would like further details on ShareGift please contact Joe Edward-Few on 020 7025 0006 or joe.edward-few@lordstaverners.org.
