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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Tim Ainley, CEO of Forward Edge, recently shared an inspiring message at a graduation commencement ceremony that is a timely and impactful message for us all. But, especially for recent graduates, young adults, and teens, these words could be the guiding principles you need as you step into a world
8 yrs. old
Entered the program: May 2024
Marcus lives with both of his parents and younger brother in a bungalow house that once belonged to his grandparents. When they passed, they left the house to his mother. The family has electricity for lighting and water is collected from a community spring. Since they do no farming, all food comes from the nearby shops.
Marcus’s father is bedridden and his mother says home to care for him and her children.
Plus bonus group fundraising ideas!
