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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Berenice was used to seeing the same narrative play out around her growing up: a life marked by poverty, wealth inequality, and barriers to education. Most families in her area in Oaxaca, Mexico have traditionally come from smaller villages in search of a better life and are facing severe unemployment
11 yrs. old
Entered the program: October 2023
Rachael lives with her mother and 5 siblings in a well-built sheetmetal house courtesy of Mama Beth’s program which is a huge blessing for the family. Her mother suffers with mental illness and cannot work. Rachael's older brothers help care for her and her sister. The family relies on the good will of friends and neighbors to help provide food for them.
Rachael's siblings, Alex and Esther, are also in the Mama Beth program.
Plus bonus group fundraising ideas!
