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.
Two Lives Forever Changed Adriana and Itzel both grew up with difficult home lives but everything changed for them when they joined Trigo y Miel, Forward Edge’s program in Oaxaca, Mexico. As children, they didn’t have many material possessions, but because of the program they were privileged to hear about
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14 yrs. old
Entered the program: March 2023
Abdul Basit (who goes by Basit) lives with his parents, two younger brothers, his grandmother and uncle in a four-bedroom house built with mud and roofed with thatch. They have no latrine. They have electricity but no access to potable water. They fetch water from a village dam until it dries up and then the village women must travel long distances to find more.
Basit’s family is Christian. His father is a small-hold farmer who cultivates maize to feed the family. Though it is hard to keep food on the table, through the support of Create hope the family now has three meals a day instead of one. On some days they only have one meal a day. His mother is a housewife. It is so difficult to provide the basic needs of the children, without Create Hope, Basit’s ability to attend school would have suffered.
Plus bonus group fundraising ideas!
