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
As a kid growing up in the late 1990’s, I idolized my favorite athletes of the day. I cut out their pictures from the newspaper or Sports Illustrated for Kids and hung them on the walls of my bedroom. When I played baseball, I mimicked Derek Jeter’s batting stance. When
When you want something so badly – when you Love it, with a capital L – you’ll do anything to get it. Most of us can remember feeling like this at some point in our lives, whether it was a toy, a pet, a first car or a first love.
There is a word—or at least a series of decisions—that determine to a very great extent the story of our lives. In fact, if we fail to use this word and make those decisions, we will never experience the fullness of God’s plans for us. The word is “Yes.” One
21 yrs. old
Entered the program: January 2019
Joram lives with his uncle, who is the director of LAC, his aunt and cousins in a three-bedroom house. The family has access to tap water, electricity and a health center. They use charcoal to prepare meals.
His sisters, Belinda and Bridget, and cousins, Trevor and Simon, are also in the Light A Candle program.
Plus bonus group fundraising ideas!
