As Christ-followers, we give to others to follow Christ’s example and to invest in His eternal Kingdom. We trust Jesus when he said, “It is better to give than to receive” (Acts 20:35).
While it should never be the reason why we give, a secondary benefit when we do, in America, is the tax savings it provides.
There are lots of ways to leverage your giving for tax savings, but perhaps none more fruitful than donating stocks.
Many of our partners are often surprised to hear that by donating stocks to Forward Edge, they can make a powerful impact while gaining some financial benefits.
Whenever you cash out your appreciated stocks, you have to pay capital gains tax. However, if you donate some of them directly to Forward Edge, that full amount is eligible for a tax deduction, and you’re also now left with a smaller capital gains liability. This savvy technique allows you to give more and save in two ways on your taxes!
For some, giving stock can seem confusing and complicated. The good news is we have people ready to guide you through the process to make it much easier.
Contact our Controller, Tim Jones, for questions or to donate stock: timjones@forwardedge.org or (360) 558-5893.
If you’re planning on giving to Forward Edge again in the future, and you own stocks, I encourage you to check out this tax-savvy option. It’s a great way to reap secondary benefits while you continue blessing others in Jesus’ name.
Conventional wisdom on wealth has been expressed throughout the ages. Ancient Greek philosopher Democritus wrote, “Happiness resides not in possessions, and not in gold, but rather dwells in the soul. By desiring little, a poor man makes himself rich.” Founding Father, Benjamin Franklin stated, “He does not possess wealth that
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A special message from one of our sponsored children in Oaxaca, Mexico: Receive an affectionate greeting all of you. I would like to tell you a little bit about my life in Trigo y Miel Program. My name is Berenice Santiago Lugo. I have 5 siblings. Audre, Uriel, Joselyn, Dulce
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14 yrs. old
Entered the program: January 2017
Woodlin lives with his parents, older sister, and an additional 30 extended family members in his grandmother’s home. With the help of donors, Forward Edge built this concrete block house for the Joseph family in 2017 to replace and expand an old sheet metal structure they used to live in. There are four bedrooms and 13 beds in the home and they have an outdoor bathroom and kitchen. They have electricity but no running water.
To support the family, Woodlin’s mother works as a hair stylist and his father is a mason.
Plus bonus group fundraising ideas!
