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.
This blog is a part of an ongoing series on Forward Edge’s Pearl Partners. Check out our highlights on Cuba and Haiti and enjoy this interview with Jane Wathagana. 20 years ago, Jane Wathagana was a successful businesswoman in Kenya, the Director of Animal World Safaris and Elangata Luxury
A Birthday with a Purpose Rappel down the side of a building to raise money for children?! I’d never heard of such an idea, but it sounded great to me! I’d get to challenge myself, do something fun, and help children all at the same time. My fundraising goal was
Relationships are everything. And it’s not just those in the U.S. reaching out to other countries; it’s the entire Global Church engaging with and learning from each other. As an organization, we seek to foster and steward those vital relationships. Recently, the director of our Uganda children’s program, Bonny Lugayizi,
“Consider this: Whoever sows sparingly will also reap sparingly, and whoever sows generously will also reap generously. Each of you should give what you have decided in your heart to give, not reluctantly or under compulsion, for God loves a cheerful giver. And God is able to bless you abundantly,
6 yrs. old
Entered the Program: August 2024
Jemimah lives with her parents and three siblings in a three-room sheet metal house with a dirt floor. The house has access to electricity and they fetch water from a neighbor’s tap. They have an outdoor kitchen and use firewood for cooking. They do not have a bathing facility but use a pit latrine that is in poor condition.
Both of Jemimah’s parents are unemployed; they do go out each day in search of casual labor jobs, but work is hard to find. They struggle to provide the necessities and sometimes lack food to feed their children. The family is in great need.
Plus bonus group fundraising ideas!
