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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7 yrs. old
Entered the program: June 2023
Humphrey lives with his grandmother, big brother, cousin, and uncle in a three-room plastered house with a cemented floor. They have an outdoor pit latrine that is in good condition. The family has electricity and they fetch water from a borehole.
Humphrey’s mother passed away from cancer in 2020. Humphrey’s grandmother took him and his brother, Peter, in after their mother's death. Humphrey’s grandmother doesn’t work and has no income; she relies on her son, as well as the Mama Beth program, to help provide for the children.
Humphrey’s brother, Peter, is also in the Mama Beth program.
Plus bonus group fundraising ideas!
