RIP Monica Singer

RIP Monica Singer

It is with profound sadness that Charity Shares for Children NPC has learned of the untimely passing of our former colleague, Monica Singer.

As Strate (Pty) Ltd CEO, Monica was instrumental in forming our unique charitable grantmaking initiative. This sees the collation of odd-lot shares from stockbroker-managed portfolios, the monetising of these, and the distribution of resultant funds to organisations working with children-in-distress across our country.

Monica served as an engaged Director of our non-profit company from inception in 2002 through to 2017.

In this, she brought quiet relief to children trapped in dire circumstances. Monica was an important part in expanding the horizons of life’s opportunities of thousands of young people across South Africa.

Charity Shares for Children wishes the Singer family a long life.

  • November 2025

Strate Charity Shares to rebrand as Charity Shares for Children

Strate Charity Shares to rebrand as Charity Shares for Children

In line with Strate’s corporate social investment strategy, Strate exited Strate Charity Shares (SCS) NPC at the end of 2023.

For more than 20 years Strate, in a joint market initiative with Computershare, has provided support to SCS, an independent non-profit organisation. SCS was set up to realise the value locked up in odd lots of unwanted securities that can be used to support charitable causes.

SCS is continuing under a new name, Charity Shares for Children (CS4C) NPC. Through CS4C, stock market investors can neaten up their share portfolios by disposing of small holdings of shares, commonly referred to as odd lots. Often, the value of these shares is less than the costs of selling them through a broker.

The convenient CS4C model allows and encourages investors to easily contribute small or large amounts of their shares to child-linked charities at no cost to the investor. It eliminates the cost of conversion to an electronic record of ownership, which includes brokerage expenses.

The donation is also tax-deductible to the investor. In terms of section 18A of the Income Tax Act, 1962 donors to CS4C are eligible for certificate advantages. Certificates are issued by CS4C to donors on request. Lost share certificates and unclaimed dividends may also be donated to support charities carefully vetted by CS4C.

Thus, funds contributed to CS4C are derived from share donations by investors, usually in the form of odd-lot shares, which CS4C then aggregates and sells.

Strate is fully committed to supporting CS4C through its rebranding and restructuring and in the ongoing provision of free CSD services.

The new contact details for Charity Shares for Children are:

Paul Pereira on paulgpereira@gmail.com or info@charityshares4children.co.za.