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How To Gift Shares To A Charity For Free

Summary:
ShareGift is a great way to give away small shareholdings to charity. Often with shares worth less than £205 the selling costs can be as much as 50% of their value. But ShareGift can get around this problem.

An old Aunt or relative dies and when cleaning up their financial affairs you note some small shareholdings, say under a hundred pounds each. Alternatively you might have been left these shares by means of a Will.

This can cause a problem because if you choose to sell them the costs involved can often be over 50% of the proceeds, or perhaps you don't have an account with a stockbroker.

So what to do?

One way to approach this is to give them away to an organisation called ShareGift. ShareGift in turn sells the shares on your behalf and gives the money away to UK Registered charities.

So far in its 10 year existence ShareGift has given away over £12 million to over 1,500 charities in the UK, which is fantastic for all parties involved.


What ShareGift Can Accept

ShareGift will accept any shares as long as they are transferable. This includes:

  • All UK listed shares, including those on the AIM and PLUS markets

  • Foreign shares (in some cases individuals may have to arrange the transfer themselves, but please check with ShareGift for details)

  • Some privately listed shares and de-listed shares - as long as their share registers are still actively maintained


Contact Details & More Information

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