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.
This blog is a part of an ongoing series on Forward Edge’s Pearl Partners. Check out our highlights on Cuba and Haiti and enjoy this interview with Jane Wathagana. 20 years ago, Jane Wathagana was a successful businesswoman in Kenya, the Director of Animal World Safaris and Elangata Luxury
2021 has been an incredible year. At Forward Edge, our hearts swell with gratitude for all God has done. His awesome faithfulness through another difficult year has been such a blessing to witness. Children around the world are discovering their true worth and purpose and growing in intimacy with Jesus,
by Joseph Anfuso I had no idea in the spring of 1980 that a two-day trip to Nicaragua would not only change the trajectory of my life, but cause me to reimagine Jesus’ commission in Mark 16:15: “Go into all the world and preach the gospel to every creature.” At
1.86 billion people log into their Facebook account at least once a month–that’s almost 1/4 of the total global population! This number doesn’t even include other outlets like Instagram, Twitter, and Snapchat. People in developing countries are no exception to this global trend, and chances are, the child you sponsor has
6 yrs. old
Entered the Program: August 2024
Jemimah lives with her parents and three siblings in a three-room sheet metal house with a dirt floor. The house has access to electricity and they fetch water from a neighbor’s tap. They have an outdoor kitchen and use firewood for cooking. They do not have a bathing facility but use a pit latrine that is in poor condition.
Both of Jemimah’s parents are unemployed; they do go out each day in search of casual labor jobs, but work is hard to find. They struggle to provide the necessities and sometimes lack food to feed their children. The family is in great need.
Plus bonus group fundraising ideas!
