Do you have small value holdings of shares and other investments sitting in a drawer which would cost you more to sell than they are worth by the time you pay administration fees?
If YES, please take a Share Gift leaflet and consider naming the Powell-Cotton Museum (Charity No.307757) as a worthwhile charity for Share Gift to support.
How does it work?
People have small value holdings of shares and other investments for many different reasons, and such small amounts of shares are often difficult or even impossible to dispose of because of the costs involved. ShareGift provides a solution. Even if you have just one or two shares ShareGift can help you deal with the problem, and in a charitable way. We can also help shareholders with larger, tax-efficient donations of shares.
ShareGift exist to realise as much value as possible from unwanted shares by aggregating them, selling them and using the proceeds to make donations to a wide range of other UK registered charities, based on the suggestions of our donors and supporters.
When you donate shares, they will arrange to transfer them into their name and they are placed within the Gift Share portfolio of shares. Shares are aggregated within the portfolio until they have enough of any one holding to sell. In the meantime shareholdings may attract dividends or capital payments, and all of this helps create our pool of funds.
ShareGift ask all our donors for charity suggestions, regardless of the value of the shares donated, and it is this information which drives their charitable donations. Over the years, Share Gift have received thousands of suggestions for hundreds of different charities. Their aim has always been to support every charity which is suggested to them.
ShareGift is cause-neutral; they don’t try to weigh the relative value of the charities which are suggested to them. Their grants are based on the value of the shares donated to them and the number of suggestions they receive for any particular charity. They also support charities suggested to them by companies that support and promote their work.
For more information on this very worthwhile charitable scheme that could make a big difference to the Powell-Cotton Museum, please visit www.sharegift.org