Share Giving
Share Giving Opportunity
| | In February 2004, Ms Vinodka Murria gave a large donation of shares to Crisis. A partner at Elderstreet Investments, a UK venture capital fund manager, she was familiar with the benefits she could claim under the share-giving scheme. |
Marjoleine began her relationship with Crisis thanks to her former Company’s involvement in our annual Christmas Card Challenge.
Marjoleine Buker explains her support for Crisis
“It was not until I started doing voluntary work with Crisis at Christmas that I really understood the crucial work the organisation does with the homeless and vulnerably housed. I had already heard many positive stories from other people who had given their time over the holiday period and decided several years ago that it was my turn. I haven't looked back since.”
Fuelled by her own experience of working with our homeless guests, Marjoleine has become an advocate for Crisis amongst her peers.
“My experience with Crisis at Christmas fills me with enthusiasm and passion each year. The stories I relate to everyone who will listen has resulted in four of my friends also becoming volunteers and, at work, Vin has very generously made a large share donation.”
Inspired by Marjoleine’s account of her time working with our homeless guests, Vinodka was motivated to help as she could.
“I had intended to volunteer but always found the little holiday time I had was taken up by other commitments. When this opportunity came up I was delighted to be able to help Crisis with their work through donating.”
Transferring the shares was simple and Crisis were able to dispose of one batch straight away, holding on to a second until they reach fruition.
Marjoleine has now left the UK and moved to Dubai to work for Barclays Capital (another Crisis supporter). She is keen to maintain her links with Crisis and her fellow volunteers and wishes us all the best.
A Nation of Share Owners
Twelve million individuals own shares in the UK, worth an incredible £200 billion. Whilst donating shares to charity is not a new way of giving, in April 2000, the Government introduced new tax advantages to make it even more attractive. Donors giving shares to charity are entitled to claim full tax relief equal to the market value of the shares and any associated costs such as brokers' fees. For example, if a higher rate taxpayer gives £1,000 worth of shares to charity, they may pay up to £400 less in income tax that year. Whether you are tidying up your portfolio, or simply feel that this is the most effective way for you to give, do get in touch with us to discuss the best way forward.
How to donate shares
If you would like to donate shares to Crisis, please contact Zafar Zabbar on 0207 426 3857 or email zafar.zabbar@crisis.org.ukor simply follow the steps below.
• Obtain a stock transfer form from the Registrar who acts for the company in which you have shares. The name of the Registrar will be written at the bottom of your share certificate.
• On the stock transfer form, in the box entitled 'Full name and postal address of the person to whom the security is transferred', please write:
Crisis
66 Commercial St.
London
E1 6LT
• Please send the completed form, together with the share certificate to:
Peter Maple
Crisis
66 Commercial St.
London
E1 6LT
Do remember keep a copy of the stock transfer form as evidence of your gift. Donating your wanted shares is a simple way to help Crisis touch people at a difficult time in their lives and help them leave behind the desperation of homelessness.
Please note that the tax benefits you may be entitled to will depend on your personal circumstances. You should consider taking professional advice to ensure that your gift is structured in the most tax efficient manner.
