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Online Giving
Click here for our secure online giving page.
Gifts
of Cash
A gift of cash is the easiest way to make a donation to The Janus School.
It is the most common and is tax deductible, if you itemize in the year
of contribution, up to 50% of your adjusted gross income. Any excess deductions
can be carried forward for the next five years. Types of cash contributions
include: annual or year-end gifts; “In Memory of” or “In
Honor of” gifts; and “In lieu of flowers” gifts.
Appreciated Securities
Stocks and publicly traded securities are easy to give and offer great
tax advantages. Stock can be transferred electronically or mail us the
stock certificate and a signed stock power for each certificate. Appreciated
securities that you have held for more than one year should be transferred
directly to The Janus School. By doing this, you will pay no capital
gains tax on the transaction and you can deduct the full fair market
value which is calculated by averaging the high and low share price
on the gift date. If you are holding stock that has decreased in value,
sell the stock yourself to realize the loss and take the deduction for
tax purposes. You can then make a gift to The Janus School and take
the charitable contribution deduction.
Life Income Gifts
A Charitable Lead Trust provides current income to The Janus School
while sheltering your heirs’ inheritance from taxes. Income generated
from the assets placed in trust is paid to the school for a period of
years, after which the property is transferred to your heirs at a substantial
tax savings. A Charitable Remainder Trust irrevocably transfers cash,
securities, or property to a trust for the benefit of The Janus School.
The donor or designated beneficiary receives a fixed dollar amount or
percentage of the assets at least annually for life or for a fixed term
up to 20 years. Upon death, or the end of the term, the trust terminates
and the assets are transferred to The Janus School.
Life Insurance
Do you have life insurance policies that are no longer needed? You
may either name The Janus School as the beneficiary or donate a policy
to us. If you donate a paid policy, you can receive an income tax deduction
equal to the lesser of the cash value of the policy or the premiums
paid. To qualify for a federal charitable contribution deduction on
a gift of an existing policy, you must name The Janus School as owner
and beneficiary.
Foundation Gifts
With a gift in your will, you can be part of the education of future
generations. Bequests permit donors to commit assets which they might
need during their lifetimes. You can bequest a percentage of your estate,
a fixed dollar amount, or specific personal property.
Other Assets
There are other vehicles by which you can make a significant future
gift to The Janus School while retaining, or in many cases increasing,
the income you receive from the asset used to make the gift. For more
information on these and other ways to give, please contact Barbara
Tritt, director of development. |