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IRA distributions are treated differently for tax purposes (for the donor) and should not be lumped together with regular contributions. This document provides more information about how to acknowledge those […]
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By definition, temporarily restricted funds are donations to the church that come with stipulations that limit the use of the funding to a specified purpose. The funding can be spent but […]
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Churches sending acknowledgement letters to their donors should remember the following substantiation requirements held by the IRS. Please reference IRS Publication 1771 for more information on record keeping rules and what to include in […]
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The records should be kept at the church or an off-site document management storage facility, if one is necessary. Should not be kept in persons’ home since something could happen […]
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As mentioned, it is best practice for records to remain at the church or an off-site document management storage facility, if one is necessary. Records should not be kept in […]
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See the Record Retention Guide provided by GCFA. For examples of documents not listed there, the church may need to decide an adequate amount of time based on possible need. […]

