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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8 yrs. old
Entered the Program: August 2024
Mary lives with her grandfather, her older sister, their guardian and three other children in a two-room wood house with a dirt floor. The house has electric lighting and tapped water. They have an outdoor kitchen and use firewood for cooking. There is no bathing facility; they share a communal pit latrine with their neighbors which is in a poor condition.
Mary and her sister were abandoned by their mother to the care of their aunt who, also, later abandoned them. She and her sister lived on the street with no food or shelter until their grandfather found them and took them in. Since he is elderly and doesn’t work, one of his friends has offered to help him take care of the girls as she can.
It is suspected that Mary may have had a stroke when she was younger but a medical exam is needed to verify this.
Plus bonus group fundraising ideas!
