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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12 yrs. old
Entered the program: September 2023
Ardian lives with his parents, and a sister in a small village. They recently moved from an old stone house they shared with their aunts, uncles and grandparents to a small two-room house that their relatives built for them. Their living conditions are poor and their furniture is all second-hand.
Ardian’s mother is the main provider for the family and is a hard worker, cultivating a garden and raising a couple of goats and chickens to provide food for them. Ardian’s father is disabled and cannot work. They live on 100 euros per month of governmental assistance, which covers the costs for water and electricity for 2 weeks. Affording to keep their children in school is very challenging.
Plus bonus group fundraising ideas!
