Section 139 of the Internal Revenue Code allows you to offer nontaxable financial help for expenses directly related to the coronavirus.
The benevolence distributions to a particular individual must represent a legitimate charitable distribution.
The decision to do so involves both relational and legal considerations.
The second a gift goes to a specific person, it becomes a personal gift, not a charitable one.
The better way is for the church to create a benevolence fund administered by the church.
Best practices for church treasurers.
Here is sample wording for a church benevolence fund policy: First Church, in the exercise
How churches can effectively meet the ever-increasing needs for financial assistance.
It’s a common scenario at local churches across the country: A member faces a significant
Important information to address this common tax question.
Around lunchtime on a Friday, a man entered a Boston-area church and soon left with
Recipients of gifts from a benevolence fund do not need to fill out the form.