If you own shares that have increased in value or are no longer needed, gifting them to CLAPA can make a lasting impact on the UK cleft community.
Why Donate Shares?
By donating shares, you can:
- Support CLAPA’s vital work without affecting your cash flow.
- Potentially reduce your Capital Gains Tax liability.
- Claim Income Tax relief on the value of your donation.
Your gift will help fund essential services, support networks, and advocacy for people affected by cleft lip and palate across the UK.
How to Donate Shares
To donate shares, you can:
- Contact your stockbroker or financial advisor to arrange the transfer.
- Reach out to CLAPA at [email protected] for guidance and to let us know about your donation.
- Use a share donation service such as ShareGift, which can facilitate the process for smaller holdings (under £250).
ShareGift
ShareGift is an independent UK registered charity (No. 1052686) that specialises in releasing money locked up in small shareholdings but can accept donations of any size.
How does it work?
ShareGift works by collecting small lots of shares together until there are enough to sell and then donating the resulting proceeds to various charities and charitable causes.
- Since 1996, ShareGift has donated over £45 million to more than 3,500 charities
- ShareGift makes its grants based on research and suggestions from donors.
You can help support CLAPA by donating any size of shareholdings you may have to ShareGift and mentioning that you support us. ShareGift has already made grants of £4,000 to CLAPA.
If you are a UK taxpayer, you can claim income tax relief on the value of most stocks and securities when you donate them to a charity. In addition, donating shares charitably gives rise to neither a gain nor a loss for Capital Gains Tax (CGT) purposes. For more information, please visit the ShareGift website.
Need Help?
If you’re unsure whether your shares are eligible or want to learn more, we’re here to help. Please contact us at [email protected] and we’ll guide you through the process.
Frequently Asked Questions
CLAPA accepts donations of shares in UK and foreign-listed companies. CLAPA also accepts gilts.
CLAPA accepts shares in all types of companies. We’ll immediately sell shares in pharmaceutical companies, because CLAPA is an independent charity, not influenced by any organisations that could compromise our position and values.
We may use our discretion in accepting gifts of shares. This might happen if we feel the company’s activities are in direct conflict with CLAPA’s interests and objectives.
We’ll look at the state of the market, as well as our own needs at the time. We’ll then make a decision on whether to sell the shares as soon as possible, or to keep the shares for a longer-term investment. We use all the money we get from shares to support our objectives.
CLAPA will accept shares worth £250 or more. If the shares are worth less than £250, the cost of transferring and selling them is likely to be more than we’d get in return.
If your shares are worth less than £250, you could donate them to a charity called ShareGift. If you decide to donate shares to ShareGift, please remember to mention you’re a CLAPA supporter.
Either option would be a great support to CLAPA’s work. But the tax benefits to you might be different. It’s best to get professional advice from an accountant, solicitor or financial adviser for advice which is tailored to your own situation.
We can give you information about how to donate shares to CLAPA. But we can’t advise you on your personal financial situation. For financial advice, please contact a financial advisor or your local tax office.
Donations make a massive difference to CLAPA’s work. Share donations are an alternative to giving donations in cash. They’re increasingly becoming a valuable source of income for CLAPA.