Do you have a share portfolio and a strong desire to support our research?  Donating shares is another great way you can make a difference.

To discuss how you can do this, please contact Sally Elford on 03 9345 2345 or elford.s@wehi.edu.au.

ShareGift Australia working to help the community

Did you know that you can donate shares instead of cash? ShareGift Australia is a not-for-profit organisation that provides shareholders with an easy way to sell their shares and donate the proceeds to charity.

Selling and donating through ShareGift Australia means you don’t have to engage a stockbroker, there are no brokerage fees and should the proceeds of the sale exceed $50.00, you can nominate the Walter and Eliza Hall Institute as your recommended charity to benefit from ShareGift Australia’s donations.

It’s straightforward and shareholders can receive a tax deduction for donations over $2.00.

The process is simple:

1. Download and complete the relevant form. Remember to nominate the Walter and Eliza Hall Institute as the recommended charity.
2. Send the signed form directly to ShareGift Australia either by scanning via email to info@sharegiftaustralia.org.au or post to GPO Box 4370 Melbourne VIC 3001.
3. ShareGift Australia will manage the sale of the shares through one of their supporting brokers and once completed, send you a receipt for tax purposes.

Each quarter, the ShareGift Australia Board donates the share sale proceeds to charities, guided by the recommendations received from shareholders.

Donations are aggregated and rounded up, taking into account the value of the shares donated and the number of recommendations received for each eligible charity. To date all eligible charities nominated have received donations from ShareGift Australia in excess of the amount recommended.

You can find out more about the process by going to www.sharegiftaustralia.org.au.

ShareGift Australia is a public ancillary fund with Deductible Gift Recipient (DGR) status which allows for the deductibility of donations. This means they are governed by legal requirements which prevent them from passing on the exact proceeds of each share sale directly to a shareholder’s recommended charity.