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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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
7 yrs. old
Entered the program: September 2022
Charles lives with his parents and 3 older siblings in a four-room wood house with no electricity. They fetch water from a borehole which they boil for drinking and have a pit latrine that is in good condition.
Charles’s father is ill and is unemployed and his mother is the sole provider for the family on a very meager income from housekeeping. Paying medical bills, school fees, and basic necessities for her children is an extreme burden.
Plus bonus group fundraising ideas!
