Donate stocks or shares
Donating company shares or dividends to our organisation is an easy way to make a philanthropic contribution.
Image: The Cooper legacy consisted of shares. Their gift is honoured by the naming of Cooper House Aged Care Community.
How the value of your gift is calculated
Shares refer to a stake in the capital of a publicly listed company on the official list of an approved Australian stock exchange. The value of your donation depends on when the shares were purchased:
- More than 12 months ago: the gift’s value is the market value of the shares on the day you make the donation.
- Within the last 12 months: the gift deduction is the lesser of the market value on the day of the gift and the amount you paid for the shares.
ShareGift Australia
An alternative option to gift shares without brokerage fees is through ShareGift Australia (link opens in new window). ShareGift Australia is a non-profit organisation that facilitates the execution of share sales via established relationships with major broking firms.
If you opt for this option:
- You will be donating the proceeds of share sales to ShareGift Australia
- If the value of your donation is over $50, you can make a recommendation for our organisation to benefit from ShareGift Australia's donations.
For more information, visit the ShareGift Australia website (link opens in new window).
Trading stock
Trading stock, according to the ATO and section 70-10 of the ITAA 1997, is 'anything produced, manufactured or acquired that is held for purposes of manufacture, sale or exchange in the ordinary course of a business.'
The value of the gift is the market value of the trading stock on the day the gift was made.
We’d love to support your fundraising journey
Reach our Fundraising team on 07 3621 4365 or get in touch via the form below. Alternatively, call the WMQ main line on 1800 448 448 and ask to be transferred to Fundraising.
