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Oct 23, 2014

Double Your Tax Benefits By Donating Appreciated Stock

If you traditionally give cash to your favorite nonprofit at year end, consider this: higher tax rates and strong stock returns make donating stock an especially attractive tax-saving move. Many stocks in the last year have posted strong returns. And with higher tax rates, investors face paying increased capital gains tax on their investments if sold. 

Making a donation of stock can double your tax benefit. If you donate an appreciated security, you will avoid paying the capital gain on the sale. In addition, the gifted stock allows you to deduct the value of the donation on your tax return. The general rule is that the deduction for property donated to charity is equal to the fair market value of the donated gift. As a result, the donor does not have to “recognize” the gain on that gift for tax purposes.

Janus Youth Programs is equipped and ready to receive your stock donations. Just tell your broker you wish to donate stock to Janus and they can help you decide which security to transfer to our donor account at Wells Fargo Advisors, LLC. 

Our stock donation account is as follows:

   Wells Fargo Advisors, LLC
   For the Benefit of Janus Youth Programs
   DTC #0141
   For account number contact Rosalie Karp at (503) 542-4605

Rosalie Karp, our Advancement Director, can assist you in making the transfer. She will need to know what is to be donated so Janus can properly receipt your gift. Call her for assistance at (503) 542-4605.

In addition, Lindsey Adegbite, Registered Client Associate with Wells Fargo Advisors, LLC, can answer any questions you may have. She can be reached at (503) 603-2151.

Remember, it is wise to consult with your tax advisor when contemplating gifting money or property. Visit our Stocks & More Ways To Give page for more information. 

Janus Youth Programs is a 501(c)(3) non-profit organization
Federal Tax ID 23-7345990


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Apr 19, 2018
Employee Spotlight—Chelsea Willis

Working with LGBTQ youth on a farm had been a dream of Chelsea Willis and was the basis of her college thesis at Naropa Institute. “All the things I wrote about, I am doing now at the Rivera House,” says Chelsea. “While the Rivera House doesn’t have a farm, there are raised beds where residents have the opportunity to grow vegetables and herbs.” Chelsea, too, has been able to grow—professionally— by combining her talent and expertise in challenging, new ways. According to Deven Edgerton, Rivera House Director, “Chelsea has been a crucial employee in getting the Rivera House up and running.”

Apr 12, 2018
Board of Director Spotlight—Melissa Bauer

Melissa Bauer serves as the Janus Advancement Chair and has been a Board member since 2015. She is a general partner in a family-owned real estate business.

Apr 05, 2018
​Youth Spotlight—Rose Edwards

“Never give up,” is the motto Rose carried with her during her years as a homeless youth in Vancouver, WA. After over five years of homelessness, struggling with addiction and ending up in jail repeatedly, Rose turned a new leaf on life. At 24, she is a supervisor at Papa Murphy’s, has a one-bedroom apartment, spends time with her six-year old son and is completely clean.

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