Jobs and Employment Support Services
7020 Chippewa
St. Louis, MO 63119
314.644.1913
St. Louis, MO 63119
314.644.1913
Donating to JESS can be rewarding in so many ways
1) You can get a tax deduction2) Donating gives you a sense of fulfillment
3) Your donations help those who cannot help themselves without support
4) You would be donating to one of the most respectful and trusted supported employment agencies in St. Louis
Make checks payable to:
JESS Inc.
c/o Executive Director or Click Here
7020 Chippewa
St. Louis, Missouri 63119
Another Way to Give
There are so many of us who love to shop online. It is convenient and you can shop in your pajamas! Here is a creative way to give and shop at the same time. When you shop through iGive or when you search through iSearchiGive, you will be able to donate to JESS. There are 700+stores that participate online. If you make iSearchiGive your homepage, Yahoo! powered search engine will raise a penny (or more) for JESS every time you search. So, when you shop online look at the bargains from J. C Penny, Avenue, Barnes & Noble and others to donate to JESS.
Youth Opportunity Program (YOP) Tax Credit Program
As of April 2009 JESS was approved by the Missouri Department of Economic Development to offer YOP Tax Credits. The YOP tax credit program offers tax credits, which are used to offset the eligible contributor's income tax liability, for eligible contributions made to approved YOP projects, such as JESS, that serve youth.
The purpose of YOP is to broaden and strengthen opportunities for positive development and participation in community life for youth and to discourage youth from engaging in criminal and violent behavior.
Youth Opportunity Program tax credits are available on a first-come, first-served basis. Upon receipt of your cash gift, JESS will provide an easy one-page application for you to complete along with instructions or download the application at the bottom of the page. We will forward your application to Missouri Department of Economic Development and a tax credit certificate will be mailed to you in 4-6 weeks. The application for tax credits must be completed and submitted within the first 12 months after the gift is made, but once awarded, you may use your tax credits anytime within five years of your donation.
Contributors are eligible for a 30% or a 50% credit of the value of the donation. For more information or questions call JESS at 314-644-1913.
The purpose of YOP is to broaden and strengthen opportunities for positive development and participation in community life for youth and to discourage youth from engaging in criminal and violent behavior.
Youth Opportunity Program tax credits are available on a first-come, first-served basis. Upon receipt of your cash gift, JESS will provide an easy one-page application for you to complete along with instructions or download the application at the bottom of the page. We will forward your application to Missouri Department of Economic Development and a tax credit certificate will be mailed to you in 4-6 weeks. The application for tax credits must be completed and submitted within the first 12 months after the gift is made, but once awarded, you may use your tax credits anytime within five years of your donation.
Contributors are eligible for a 30% or a 50% credit of the value of the donation. For more information or questions call JESS at 314-644-1913.
FREQUENTLY ASKED QUESTIONS FROM DONORS
Q. Are stocks, bonds, or donated professional services eligible contributions?
A. Eligible Contributions:
* Cash,
* Publicly-traded stocks and bonds (starting January 1, 2001)
* Materials, equipment, or property specifically used for the YOP project
* Wages paid to youth in an approved internship/apprenticeship/employment project
Ineligible Contributions:
* Labor and professional services
* Contributions to pay for fund raising activities
* Used clothing
Q. Which taxes can YOP tax credits be used to offset?
A. The tax credits can be used to offset state income tax due pursuant to:
* RSMo chapter 143- individual state income tax, excluding withholding tax imposed by sections 143.191 to 143.265
* RSMo chapter 147-corporate franchise tax
* RSMo chapter 148-gross premium receipts tax of insurance companies and tax of banks and other financial institutions
* RSMo chapter 153-gross receipts tax of express companies
Q. How long does a donor have to submit the tax credit application into YOP before the donor must forfeit the tax credits?
A. Twelve months from the date of contribution (date on the check)
Q. What is the process to use YOP tax credits on the donor's tax return?
A. First you make a contribution to JESS, submit Form CDTC-770 with the required documentation, and receive a certification from the Department of Economic Development. You ,the taxpayer, may then file your tax return at the end of the tax year, using the MO-TC form. The tax credits are applied to your total tax liability incurred for that tax period. For example, a contributor makes a $1,000 contribution to JESS:
YOP Tax Credit Example
Individual cash gift of $1,000 (from a taxpayer in the 35% tax bracket)
Cash Gift ($1,000)
FederalDeduction 350
Missouri Tax Deduction 60
YOP Credit (50% of gift) 500
Reduced state tax deduction on federal return(*) 196
$1,000 gift after tax deductions = $286 Out-of-pocket cost
$5,000 gift after all deductions = $1,430 Out-of-pocket cost
$10,000 gift after all deductions = $2,860 Out-of-pocket cost
(*) Represents 36% of the $500 YOP Tax Credit. Your deduction for state taxes on your federal return is reduced by $500 because your state tax payment is being reduced by $500
Q. Are the tax credits sellable or transferable?
A. No.
Please Give ........ it helps those who can't do it alone
Please Give ........ it helps those who can't do it alone
1 Dollar ..... 5 Dollars ........ any amount large or small
1 Dollar ..... 5 Dollars ........ any amount large or small
