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.
I just returned from a mission trip to our child sponsorship program in El Cobre, Cuba and spent several days with not only my sponsored child but some of yours as well! What a joy to see them face to face, hug them, and to share some quality time. One
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
Letters are vital to raising support for your mission trip. If you have to choose between letters and events, choose letters. Here’s why: They work. People love to see others serve, and they will respond. Even if they might not go themselves, they can be a part of your experience.
Before embarking on your first mission trip, there are a variety of things you can do to prepare yourself physically, mentally, and spiritually. This article will focus on some of the practical steps you can take to ensure you get the most out of your experience. Here are four things
6 yrs. old
Entered the Program: August 2024
Elijah lives with both of his parents and his little brother in a three-room sheet metal house with a cemented floor. They have electricity and fetch water from a family well. They use charcoal for cooking and share an outdoor communal bathroom and pit latrine with their neighbors.
Elijah’s family is very unstable due to parental conflicts. His father works as a driver but neglects his responsibilities and does not provide for his family. Elijah’s mother is mostly unemployed although she tries daily to find casual labor jobs. Her meager income is not enough to provide for her family. The family is in great need.
Plus bonus group fundraising ideas!
