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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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Mar 09, 2017
Employee Spotlight— Roy Spencer

Every night of the week, a crowd of youth line up to get into our downtown Portland shelter where they get a warm bed and meal for the night. Preparing for their arrival every day takes a lot of work, including cooking their dinner. We talked to Roy Spencer, Porchlight Shelter Supervisor, about his job which includes managing and cleaning the shelter, doing light maintenance work and feeding up to 70 homeless youth daily. In addition to performing all of those tasks, according to his supervisor, Dennis Lundberg, “Roy will always step in when the shelter is short-staffed, going the extra mile for the staff and youth we serve. For example, this week he is on call 24/7 for 14 days straight.” Roy has been working for Janus for over three years. A soft-spoken person with an easy smile, he has earned respect from his peers and youth.

Feb 15, 2017
​Next steps After Imani

This month, Christian Ford will graduate from Imani House, one of our residential treatment programs that help youth between the ages of 13 to 18 rebuild their lives. 18 year-old Christian, a soft-spoken youth, has plans for his life after Imani. Like so many of the youth we serve, his journey in getting to where he is today was filled with many challenges.

Feb 13, 2017
​Board of Directors President Spotlight—Stephen McCammon

Stephen McCammon is the new President of the Janus Board of Directors. He has been a Board member since 2013. He lives with his wife Mary Ann. They are spending the month of February in Yelapa, Mexico where Mary Ann will teach quilting to the women in the village so they can sell their work to visiting tourists. We appreciate the time he took to answer our questions for this interview.

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