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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18 yrs. old
Entered the program: March 2023
Pearl lives with her mother and two siblings in a one-bedroom cement brick house. The family has access to electricity but no potable water. The village women and girls must fetch water from a local dam or walk long distances to find other sources.
Pearl is from a family that practices polygamy; her father has two wives. Pearl, her mother and her siblings, Moses and Thomas (also in the program), are going through much difficulty. Her father neglects them and refuses to provide for them and their education; all of the responsibilities have fallen to her mother who has a disability. She offers hand-laundering services to other people to try and earn money, but it is infrequent. Before Create Hope, they lived on less than a dollar a day and some days there was no food. Now, Pearl and her siblings do not have to go to school without eating. Pearl is a Christian and she prays things will get better for her and her family.
Plus bonus group fundraising ideas!
