Sharegift
ShareGift was launched in 1996 by former investment manager Claire Mackintosh and Matthew Orr (co-founder of Killik & Co), with the vision of providing a charitable solution to the longstanding business problem of unwanted small shareholdings. The enterprise has been hugely successful, helping companies to clear up their share registers and creating a new, multi-million pound funding stream for UK charities.
Millions of pounds are tied up in odd lots of shares, which are of no value to their owners because the cost of selling them is greater than their worth. ShareGift aggregates and sells these parcels of donated shares, giving the proceeds to a wide range of other UK-registered charities - over £11m to nearly 1,500 charities since its inception. In 2006, Claire Mackintosh and Matthew Orr were awarded a prestigious Beacon Prize for “brilliant and creative giving in the simplest way”.
ShareGift works with shareholders, companies, stockbrokers, solicitors, financial advisers and charities across the UK to solve the problem of worthless odd lots of shares, and to raise the profile of this unique way of charitable giving. With the launch of sister charities ShareGift USA in 2005, and ShareGift Australia in 2007, the potential for replication internationally is immense, with charities around the world benefiting from a significant and entirely new source of charitable income.
Killik & Co has been delighted to support this innovative enterprise in a variety of ways since its inception and continues to waive all commission charges for share dealing, so that ShareGift can give even more money to more charities.
For more information visit www.sharegift.org