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.
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19 yrs. old
Entered the program: May 2023
Queensley lives with her grandmother and brother in a one-bedroom mud house roofed with sheetmetal. The community has electricity but no potable water. They must walk long distances to find water sources. Access to health care in the community is very poor; they have a hospital but no medication. There is one primary and middle school with only two teachers for over 200 students. Children whose parents cannot afford to send them to school are often left on the streets to fend for themselves during the day. The main occupation is farming but many people in the community are unemployed and live on less than 1 dollar a day.
Plus bonus group fundraising ideas!
