Can restricted funds be used for anything but their intended purpose?
Understand the limitations on restricted funds and how to handle donor-restricted gifts within the law.
Benevolence
Can Churches Use Restricted Funds for Adoption Assistance?
Learn the legal guidelines for handling restricted funds for adoption assistance in churches, ensuring donations remain tax-deductible.
Proper Use of a Benevolence Fund for Church Member Assistance
Ensure your church’s benevolence fund is administered legally and effectively to help members in need without risking tax-exempt status.
What Churches Should Do with Nondeductible Donations
Best practices for handling nondeductible donations in churches to ensure compliance and donor transparency.
Sample Benevolence Fund Policy For Churches
Use this sample benevolence fund policy for churches to establish a framework for benevolent programs and donations.
Effective Benevolence Programs for Churches: A Guide to Success
Benevolence programs for churches: Best practices for effective and compliant support systems.
Are Designated Gifts for Individuals Tax Deductible?
Find out how designated gifts for individuals can meet IRS requirements for tax-deductible contributions.
Are Benevolence Gifts to Church Employees Taxable?
Benevolence gifts to church employees are always taxable and must be reported on Form W-2. Learn about IRS rules and tax implications.