Donating Shares
All shares held in Australian publicly listed companies may be sold and the proceeds donated for community benefit through ShareGift Australia.
The following table illustrates the advantages of donating $200 of shares to ShareGift Australia versus selling them conventionally and then donating the funds:
| No Donation | Donation without ShareGift Australia | Donation to ShareGift Australia | |
|---|---|---|---|
| Value of Shares | $200 | $200 | $200 |
| Brokerage fee | $30-$125 | $30-$125 | $0 |
| Tax Refund* | $0 | $35-$79 | $93 |
| Personal Benefit | $75-$170 | $35-$79 | $93 |
| Community Benefit | $0 | $75-$170 | $200 |
* Assumes highest marginal tax rate, plus medicare levy
There are a number of ways that you can donate to ShareGift Australia:
- Respond to a public company offer to sell your shares and donate the proceeds to ShareGift Australia- click here for a list of public companies that provide this offer
- Contact your advisor and ask that your shares be sold and the proceeds donated to ShareGift Australia- click here for a list of professional advisors who provide ShareGift services
- Complete a donation form on this website - we'll take care of it for you - click here for donation form
