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.
In Zaachila, on the outskirts of Oaxaca City, Mexico, live many impoverished families who’ve traveled from distant areas in search of more opportunities and a better life…only to find themselves confronted with the same devastating and debilitating effects of poverty: hunger, joblessness, water-borne illness, lack of education, gang violence, drug
During these times when most of us are ‘social distancing’ and ‘sheltering in place’, we probably have much more time on our hands and yet are unable to be in touch with many of those on our minds. This is especially true of our sponsored children. We know they and
The Forward Edge Blog You’re on a mission trip, walking through a village, your heart full as you take in the scenes around you. Kids are laughing, families are working, and life is bustling in every corner. As you reach for your camera to capture it all, take a moment
If there’s one thing the Covid-19 pandemic has made abundantly clear it’s that none of us are fully in control of our lives. What we can control, though, are our choices. And those choices ultimately determine the story of our lives. Several years ago, I coined a word that conveys
14 yrs. old
Entered the program: October 2018
Benson lives with his father at his grandmother’s house.
Benson’s mother abandoned the family due to his father’s
alcohol abuse. He lives with the children but does not support
them, as he hardly works. The condition of the home is very
poor and they lack basic amenities like mattresses and blankets,
and sufficient food. They survive via assistance from
Mama Beth’s and their neighbors.
