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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10 yrs. old
Entered the program: September 2023
Drilona lives with her parents and 5 siblings in a small Roma village. Romani people remain among the most marginalized in Kosova, hindered by the low level of education, high unemployment rates, lack of access to health care and housing, and extreme poverty. The family’s house is small and in very poor condition; the bathroom is dilapidated. They eat one meal a day at home. Drilona’s parents are not employed and live on government assistance which is grossly insufficient.The family had to send two of Drilona's older sisters away to another village because they had neither the space nor the money to care for them at home any longer.
