All posts from “charitable contributions”

Are Churches Legally Required to Issue Statements for Every Contribution?

January 16, 2014 8:00 AM

We recently fielded this question from a church administrator in Virginia: Is there a minimum gift amount for which a contribution statement must be issued? For instance, if someone visited the church one Sunday and dropped a $10 check...

Q&A: Is Donated Parking Space Tax Deductible?

October 31, 2013 8:00 AM

Q: A church member allows us to park our buses at his business. We used to pay $200 a month for this service. In the past we have given this church member a letter indicating a donation of $2,400...

One Key, End-of-Year Task Every Church Should Do

October 24, 2013 8:00 AM

A number of tasks need to be done before the end of the year, but there's one that can easily be done with the handy tool of the church bulletin or newsletter: Include information that will help donors ensure...

Churches: The IRS is Substantially Closed, But Your Obligations Remain

October 2, 2013 8:00 AM

Editor's Note (10/17/2013): Congress passed a bill last night that ended the shutdown. President Obama signed the bill ahead of the default deadline that loomed at 11:59 p.m. Due to the lapse in federal government appropriations (the so-called "government...

Surprise! Labor Department Says U.S. Households' Religious Giving Went Up

September 12, 2013 8:00 AM

An interesting stat surfaced Tuesday via The Wall Street Journal: A new Labor Department report on consumer spending showed U.S. households spent $51,442 on average in 2012, which surpassed the prior peak of $50,486 reached in 2008. Interestingly enough,...

Q&A: Donated Goods and Charitable Statements

September 5, 2013 8:00 AM

Q: I occasionally have a church member who donates something the church needs. The member then gives me a receipt for the item purchased and asks me to put it on their giving statement. Is this allowed? A: No, it...

Who's the Most Influential Teacher on Giving?

August 29, 2013 8:00 AM

Churchgoers learn to be generous throughout their lives. Most develop the habit of generous giving when they're young, according to results from our latest State of the Plate research. We combined results from this and the previous four years of...

Four Poor Responses to Church Money Problems

June 18, 2013 8:00 AM

Randy Marsh, ministry development officer for the Evangelical Christian Credit Union, shared four poor responses church leaders make to money problems while speaking recently in Dallas at the 2013 XP-Seminar, a conference involving nearly 200 executive pastors from across...

Thom Rainer's Top 10 Rules of Thumb for Healthy Churches

June 6, 2013 8:00 AM

Thom Rainer (the president and CEO of LifeWay Christian Resources) recently offered his Top 10 rules of thumb for healthy churches in America. Several caught our eye, including: 8. Effective giving: For every person in average attendance, including children...

Five Ways to Survive Summer with a Balanced Church Budget

May 23, 2013 8:00 AM

Churches have historically dreaded summer due to one thing: giving. That's because activities and costs peak with summer missions trips, camps, and Vacation Bible School just as regular weekly contributions wane. The challenge for every church leader is to...

The Ways People Give at Church

May 21, 2013 8:00 AM

This year's annual State of the Plate research combined results from this and the past four years to create a composite view of tithers--people who give 10 percent or more of their income. As the infographic below shows, most people...

Church Giving: Up, Down, or Flat?

May 14, 2013 6:00 AM

Each year for the past five years, Christianity Today has surveyed church leaders to see which direction the trend line is moving for church giving: up, down, or staying flat. In this year's State of the Plate survey, which we...

The "Shape" of Your Fundraising Requests Matters

May 8, 2013 9:35 AM

An interesting tidbit today from Taylor and Francis Online via the Harvard Business Review: The physical shape of flyers appealing for funds or donations matters to potential donors. A heart-shaped flyer, for instance, generated 50 percent more support for a...

How Much is a Volunteer's Time Worth?

May 2, 2013 8:00 AM

How much is a volunteer's time worth? About $22.14 an hour, according to a new Independent Sector calculation. The organization uses Bureau of Labor Statistics information, looking at payroll averages of nonfarm, nonsupervisory labor and adding a percentage for benefits....

What's Next: Should We Use Interns and Residents?

April 4, 2013 8:00 AM

Editor's Note: This is the third in a series of guest posts from Dave Travis' book, What's Next?:2012 Edition. The first post addressed church finances and the second post addressed financial accountability. Travis is CEO of Leadership Network. Where will...

Are Annual Church Pledge Drives Still Relevant?

April 2, 2013 8:00 AM

I recently sat through a workshop involving financial officers and business administrators from churches in metro Denver. A panel of three finance officers, convened to discuss cash flow and cash reserves, focused mostly on appropriate cash levels, metrics, and forecasts...

What's Next: Transparency is the Order of the Day

March 28, 2013 8:00 AM

Editor's Note: This is the second in a series of guest posts from Dave Travis' book, What's Next?:2012 Edition. The first post addressed how much--or little--the economy is to blame for church failures. Travis is CEO of Leadership Network. Here...

Survey: Most Churches Provide No Estate Planning

March 25, 2013 8:00 AM

According to a new study by LifeWay Research, the majority of Southern Baptist churches believe that Christians should provide for their church in their will, but 86 percent of churches provide no help or assistance for estate planning. In fact,...

What's Next: It's the Economy—or Is It?

March 21, 2013 8:00 AM

Editor's Note: This is the first in a series of guest posts from Dave Travis' book, What's Next?:2012 Edition. Travis is CEO of Leadership Network. The recession has left its mark everywhere--on our friends, our families, our cities, our churches....

Four Money Lessons for Churches from the "Great Recession"

February 21, 2013 8:00 AM

Randy Marsh, ministry development officer for the Evangelical Christian Credit Union, shared four money lessons for churches while speaking Wednesday in Dallas at the 2013 XP-Seminar, a conference involving nearly 200 executive pastors from across the country. Marsh said ECCU...

Big Churches Expect Big Things in 2013

February 19, 2013 5:00 AM

Leadership Network released its 2013 economic outlook this morning, relaying a mostly upbeat forecast for the nation's big Protestant churches in the year ahead. The organization created the report, written by Warren Bird and Stephanie Jackson, by combining responses...

Firm Issues Gloomy 2013 Forecast for Religious Giving

January 24, 2013 2:21 PM

A company specializing in computer-based reports and forecasts for charitable giving in the United States says giving to religion rose steadily in 2012 compared to 2011. The religious sector, though, has seen its share of the overall charitable giving...

"Fiscal Cliff" Law Temporarily Extends Certain Donations for 2012

January 8, 2013 10:53 AM

The so-called “fiscal cliff” law just passed by Congress and signed by President Obama, formally known as the “American Taxpayer Relief Act” (the Act), includes a little-publicized provision providing a very short window of opportunity for eligible taxpayers to make...