In his letters to the Corinthians and the Ephesians, Paul uses the same word, charis (Greek = grace or gift in English) to denote both God’s saving work and his transforming work of empowering the saints in ministry.
The benefit we receive from a kind act, a patient and truthful Christian friend, an evangelistic conversation that leads to repentance, a sermon preached in the power of the Spirit–all these and more are ongoing experiences of God’s grace in the world.
These gifts point back to salvation “from before the foundations of the world” (Eph 1:4-6). They point forward to the way in which God will “graciously” give his heirs “all things” (Rom 8:32), with the vital redemptive grace of cross, resurrection, ascension-enthronement and pouring out of the Spirit in between.