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Q&A: Dissolution of Church's Personal Property

How can our church be sure that the donated assets from another church are legally transferable?

We were asked to come get the assets (furniture, music equipment, etc) of a church that is closing its doors due to internal conflict. We understand that a nonprofit corporation 501(c)3 must donate their assets to another nonprofit organization upon dissolution, and we can certainly use the items offered.

However, we are not sure what paperwork should be done to make sure there is no conflict with their church members or the IRS. Should we ask for a copy of their Bylaws or a Dissolution Resolution from their minutes? How do we know the Directors have agreed and there will be no conflict with us receiving the donation?

We have never been involved in this type of donation and don't know if we are to give them a contribution statement or some other type of paperwork. Do they have to file something with the IRS showing the dissolution? Please direct us so we can accomplish this properly.

Any ...

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Posted:
  • February 23, 2010

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