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.
In the midst of Holy Week, we find ourselves in a unique season of self-isolation and deprivation that coincides with the religious tradition of Lent observed by many Christians. Lent is a time of preparation – a period of giving up or sacrificing something in preparation for something better that
One of the most impactful things I learned as a teenager was that God will do extraordinary things through you whether you are 5 or 45, 15 or 52; He has no age restrictions and certainly does not follow the boundaries that we build up ourselves. Even now, at 21,
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
During these times when most of us are ‘social distancing’ and ‘sheltering in place’, we probably have much more time on our hands and yet are unable to be in touch with many of those on our minds. This is especially true of our sponsored children. We know they and
9 yrs. old
Entered the program: June 2021
Ritchy lives with his parents and 4 siblings in a 2-room house covered with sheet metal. They have no running water or electricity, and the kitchen and bathroom are outside.
Plus bonus group fundraising ideas!
