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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In my mind, I can still hear her cries of defeat and see the tears pouring down her face. I can see the “I am stupid” notes she had written on her school worksheets that day. My precious eight-year-old daughter was fighting to overcome dyscalculia – basically the math version of dyslexia – and we had no idea. It was
9 yrs. old
Entered the program: April 2022
Mary lives with her grandmother, four cousins, a nephew and a niece in a rented two-room stone house that has electricity, a cement floor and a good bathroom facility. They fetch water from a neighbor’s borehole. Mary’s grandmother is the main provider for the family but her mother is employed as a maid and helps out.
Mary's cousin, Robinson Numi, is also in the Mama Beth program.
