# Donated shares provide £600,000 for Irish charities

- Link: https://fundraising.co.uk/2016/07/18/donated-shares-provide-600000-irish-charities/
- Published: 2016-07-18T17:50:37+01:00
- Author: Howard Lake

**A total of £600,000 has recently been donated to good causes on behalf of Irish
shareholders as a result of work with the charity ShareGift, Computershare has announced.**

Six Irish charities have benefited recently from Sharegift, with Barretstown, The
Community Foundation for Ireland, Focus Ireland, The Irish Cancer Society, The Irish
Society for the Protection of Cruelty to Animals and Youth Work Ireland receiving
£100,000 each.

When companies undertake corporate actions such as splits, mergers, acquisitions
or spinoffs, some shareholders can be left with small numbers of shares that are
worth less than amount it would cost to sell them.

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Computershare is the registrar to two thirds of companies listed on the Irish Stock
Exchange, and works with its clients to offer shareholders the opportunity to transfer
shareholdings to ShareGift, which then collates the donations and sells the combined
total.

Computershare also helps companies undertake share dealing programmes and includes
the option of donating the proceeds to ShareGift.

Welcoming Computershare’s partnership with ShareGift in Ireland, Jackie Harrison
Head of Development at The Community Foundation for Ireland said:

> “Given the undeveloped nature of philanthropy in Ireland, it is very encouraging
> to see such a large scale donation to Irish charities.”

Since [ShareGift](http://www.sharegift.org) was set up in 1996, over £23 million
has been donated to more than 2,000 charities across the UK and Ireland. Computershare
also works with ShareGift organisations in the USA and Australia.

 * **[Commission consults on charity tax reliefs](https://fundraising.co.uk/2018/03/15/commission-consults-on-charity-tax-reliefs/)**(
   15 March 2018)
 * **[New tax changes have ‘not helped promote philanthropy’ in Ireland](https://fundraising.co.uk/2019/07/24/new-tax-changes-have-not-helped-promote-philanthropy-in-ireland/)**(
   24 July 2019)
 * **[Means and ways: trends in structured giving](https://fundraising.co.uk/2019/09/23/means-and-ways-trends-in-structured-giving/)**(
   23 September 2019)

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